young people are worried about saving for the future and need to manage expenses as well – so they don’t participate in the stock market at all – thereby losing out on growth in the stock market – they need to understand that they are young – they have plenty of time to recoup their losses
only investing in individual stocks
they need to be told – past performance is no guarantee of future results – if you think that the usa stocks of fab 7 – faang and of late nvidia will do forever well , they are mistaken .
thinking short term
watching the stocks daily and getting worried about volatility is a recipe for disaster . the investing philosophy should be – invest and forget for 20 – 30 years ..
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