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

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

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

Answer

Brief Explanations:

  • Putting all money in one investment is risky as it lacks diversification.
  • Investing more than affordable can lead to financial stress.
  • Over - relying on familiar investments may miss better opportunities.
  • Holding onto losing investments too long can prevent moving on to better ones. Dividing funds between risk levels 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.