which are common mistakes people make when investing? choose four answers.\n□ they put all of their money…

which are common mistakes people make when investing? choose four answers.\n□ they put all of their money into one kind of investment at a time.\n□ they divide their funds between more risky and less risky options.\n□ they analyze their comfort level with the types of risk they will take.\n□ they invest more money than they can afford.\n□ they focus heavily on familiar investment opportunities.\n□ they hold onto investments longer than they should to recoup losses.

which are common mistakes people make when investing? choose four answers.\n□ they put all of their money into one kind of investment at a time.\n□ they divide their funds between more risky and less risky options.\n□ they analyze their comfort level with the types of risk they will take.\n□ they invest more money than they can afford.\n□ they focus heavily on familiar investment opportunities.\n□ they hold onto investments longer than they should to recoup losses.

Answer

Brief Explanations:

  • Putting all money in one - type investment is risky as it lacks diversification.
  • Investing more than affordable can lead to financial distress.
  • Over - relying on familiar investments may miss out on better opportunities.
  • Holding onto losing investments too long can prevent moving on to better ones. Dividing funds between risky and less - risky options and analyzing risk comfort are good practices.

Answer:

  • They put all of their money into one kind of investment at a time.
  • They invest more money than they can afford.
  • They focus heavily on familiar investment opportunities.
  • They hold onto investments longer than they should to recoup losses.