There are many different paths you can take on your journey of wealth creation. However, there are some faux pas that can be detrimental to your journey even if they do not seem like significant errors at the time. This article goes over some of the most common mistakes an investor can make and what you can do to avoid them.
Many fail to appreciate the role of a financial advisor in their financial planning journey. They don’t realise that a financial advisor can help them achieve their financial goals in a systematic manner that’s best suited to their risk appetite and market conditions. In this article, you will realise the opportunity cost between making investments with the help of a financial advisor and doing it on your own. You will also understand the scenarios in which you should seek financial advice and the questions you should ask a financial advisor before deciding whether to seek help from them.