Stock Picking Mistakes To Avoid: A Guide

Buying stocks is like trying to catch a fish with your bare hands while blindfolded. But don't worry, we're here to help you avoid those pesky mistakes.

1. Not Having a Strategy (a.k.a. "Fishing Without a Rod")

Not having a strategy is like trying to catch a fish with your bare hands while blindfolded. You might as well be playing a game of 'find the fish, guess the stock, win the jackpot'.

2. Not Diversifying Your Portfolio (a.k.a. 'Fishing in One Spot')

Not diversifying your portfolio is like having a fishing rod with a single hook that only catches one type of fish. You're gonna get bored, and the fish (your investments) will get away.

3. Overtrading (a.k.a. 'Fishing Too Much')

Overtrading is like catching a fish and immediately throwing it back in the water because you're too busy trying to catch another one. You'll end up with nothing but a bunch of fishy regrets.

4. Not Researching Companies (a.k.a. 'Fishing Blind')

Not researching companies is like fishing with your eyes closed, hoping for the best. You might as well just be a 'fisherman' who's never caught anything but a boot.