I do whatever my employer, family, or friends recommend because I don’t care about investing.
I shouldn’t enter the market now because prices are about to drop further.
I shouldn’t enter the market now because prices are way too high.
I should exit the market now because prices are about to drop very soon.
I shouldn’t hold index funds because they only produce average returns.
I can validate my trading decisions by seeking affirmation on Reddit.
I only need to hold TSLA.
I only need to hold the S&P 500.
I only need to hold US companies.
I monitor my investments daily.
I believe my company will do really, really well in the future. When my RSUs vest, I’m holding onto my company shares.
I want to get rid of this shitty stock, but I’ll sell when it finally recovers to the price I bought in at.
I will never change my brokerage.
I prefer to invest in a taxable account because I don’t want to pay an early withdrawal penalty on a retirement account if I need the money sooner.
I’ll buy this stock because all my friends and everybody on social media is getting rich off of it.
I should gradually invest this pile of cash instead of all at once.
I should read cnbc.com regularly to become a better investor.
I should always hold my international stocks in a taxable account because of the foreign tax credit.
I shouldn’t invest at all because everything’s rigged against me.
I shouldn’t invest at all because the world is going to end anyway.
I believe that paying a financial advisor is worth it, because this particular advisor has outperformed the market for the past ten years.
I should buy 3X leveraged ETFs to boost my return, since the market always goes up in the long run.
I should buy LEAPS because the market will always go up in the long run.
I won’t sell this penny stock because I already earned a 900% return and it will continue to grow.
I should invest in stocks that produce the most dividends.
I consider an investment decision wise as long as it made money.
I judge my investing decisions based on realized returns instead of expected returns.
I know what the market is going to do in the next
$TIMEFRAME.I think I can trade options because I’m built different.
I think I can trade stocks because I’m a tough investor.
I think I can trade stocks because I follow seekingalpha.com bloggers for investment recommendations.
I think I can trade stocks.
There is surely somebody out there who has done very well despite making every single one of these mistakes. But that person isn’t you or me.
To be continued.