*3 COMMON INVESTMENT MISTAKES TO AVOID* Investing is one of the best ways to grow your wealth over time, but many people make costly mistakes that hinder their success. There are 3 major mistakes and several ways to avoid them. *Mistake 1: Lack of Planning* Many people invest without a clear goal or strategy. They buy assets randomly without understanding their financial needs or time horizon. *How to Avoid It:* • Set clear investment goals (e.g., buying a house, retirement, education). • Understand your risk tolerance (Are you comfortable with high-risk investments, or do you prefer safe options?). • Create an investment plan that aligns with your goals and risk level. Forexample; If you plan to buy a house in 5 years, investing all your money in high-risk stocks may not be wise. Instead, you could mix safer assets like bonds or unit trusts.