By Mike Eklund via Iris.xyz
Have you made investing decisions you regret?
I know I have. I recently turned 40 and thought it was a good time to reflect on my own investing mistakes and lessons learned from my 17-plus years of experience.
1. Don’t follow the herd
I started investing in June 1999, right near the top of the technology bubble, and made the same mistakes as many others by buying hot tech stocks. Everyone was making money; why not just invest in a handful of technology stocks and watch them go up 20% to 30% per year?
Obviously, this did not happen for me — or many others — as the Nasdaq 100 dropped almost 80% from peak to trough.
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