Examples of common investment mistakes covered in the text include all of the following, except
A) following the advice of a stockbroker.
B) making decisions based on unrealistic goals.
C) borrowing to invest.
D) taking risks to recover losses from previous investments.

Question

Quizplus · Accepted Answer

Following the advice of a stockbroker is not necessarily a common investment mistake; it can be beneficial if the stockbroker is reputable and offers sound advice. The other options (B, C, D) are generally recognized as common investment mistakes: making decisions based on unrealistic goals can lead to disappointment or financial loss, borrowing to invest increases financial risk, and taking risks to recover previous losses can lead to further losses.

Examples of Common Investment Mistakes Covered in the Text Include