Top 7 Beginner Investing Mistakes (DON'T DO THIS)

Top 7 Beginner Investing Mistakes (DON'T DO THIS)

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Top 7 Beginner Investing Mistakes (DON'T DO THIS)
Learn from my mistakes, and save yourself the trouble and the money! Here are 7 lessons I learned from personal experience, and they're the common pitfalls I've seen from teaching thousands of others about investing. Investing is simple, but not easy. Just look out for these 7 beginner investing pitfalls! ***ATTENTION: I have a new Instagram and TikTok handle @itsrosehan *** That's my official account, and I will NEVER message you about investment schemes, so please be careful and block & report any scammers posing as me. TIMESTAMPS 00:01:20 - Mistake #1: Not investing at all 00:04:05 - Mistake #2: Not having an emergency fund 00:07:18 - Mistake #3: Waiting too long to get in 00:09:46 - Mistake #4: Investing too much money at once 00:11:05 - Mistake #5: Not investing enough to cover future financial needs 00:14:25 - Mistake #6: Not considering taxes 00:16:55 - Mistake #7: Not being honest with yourself about how hands-on you want to be __________ ***BOOKS I RECOMMEND 📚*** I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials) https://amzn.to/2VbJ1Pt The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds) https://amzn.to/32ewzjj InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett) https://amzn.to/2SLTYpn Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing) https://amzn.to/2SKyklt Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?) https://amzn.to/2SJ6vtx Think and Grow Rich (the ultimate book on money mindset and wealth consciousness) https://amzn.to/37N2adc ________ ***MY FAVORITE MONEY TOOLS 🖤*** YNAB (I literally can't live without this budgeting app, so obsessed) https://www.youneedabudget.com/?ref=YkZbz4082iUstrX7&utm_source=customer_referral Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico) https://wise.prf.hn/l/413jE0q Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!): https://amzn.to/3Ne37jy __________ DISCLAIMERS & DISCLOSURES ❤ This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support! __________ SAY HI ON SOCIAL! 👋🏼 Website: https://www.rosehan.com Instagram: http://instagram.com/itsrosehan TikTok: https://www.tiktok.com/@itsrosehan Pinterest: https://pinterest.com/itsrosehan https://youtu.be/zkNueyFs8zQ