New investors: mistakes to avoid

Beginners be wary of common investing pitfalls

Ashley Redmond 10 August, 2010 | 6:00PM

Novice investors have had a rough introduction to stock markets over the past three years. The global credit crisis, which caused markets around the world to plunge in 2008-09 and is still creating aftershocks, has left investors badly shaken.

You can't control the markets. But what you can control is how you respond to them. Let's review some common investing errors that beginners are particularly prone to making, and how you can avoid them.

Mistake #1: Playing it too safe

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About Author

Ashley Redmond

Ashley Redmond  Ashley Redmond is a Vancouver-based freelance writer.