There may be plenty of other areas that can derail your investments but the ones that I believe to be the biggest are: following stock tips, selling too soon, not finding help when needed, not doing research, and risking too much money on any given investment. There is no guarantee that if you prevent each of these areas that you will make money. But, you will certainly put yourself in a much better position to do so. If you avoid common investing problems you should be well on your way to market success.Here is a breakdown of each of the common investing problems listed above:Following Stock TipsThere are some people that like to believe they are the next Warren Buffet and will offer anybody willing to listen stock tips. They get a sense of authority by doing so and many people unwittingly follow this advice. Now, there are people who know how to pick stocks and you may even be aware of these people that have been successful with their portfolios. Most people though, are just blowing smoke and it’s best to avoid any recommendations from tipsters. Even people who are successful at picking stocks often have different objectives for their portfolios. For instance, they may tell you to buy so and so company but they don’t tell when to sell. Their objective may be short term while yours is long term. Stock tips do not typically work and therefore you should stay away from them.Selling Too SoonThere is no easy way to get around this one other than to have experience. I have been investing for over fifteen years now so I feel safe in companies that I have thoroughly researched and believe in. Experience is probably the only way to avoid this common investing problem.Not Finding Help When NeededAs I stated in the opening of this article, investing is not easy. If you find that you just don’t have the time to properly research stocks, then you should seek professional help. Caution is advised when choosing a professional but there are good ones out there. Ask a lot of questions and don’t settle for the first one you speak to.Not Doing ResearchI’ve touched on this several times in this article but it is the foundation to avoid common investing problems. This is a big one and this article couldn’t even come close to doing justice on such a vast subject. There are plenty of resources available at books stores and online. It is the single most important common investing problem to overcome. Learn about the proper ways to research a stock.Money ManagementToo many people try to score big on one stock and put way too large a percentage of their portfolios on that stock. A good rule of thumb used by many financial advisers is to spend no more than two percent of you portfolio on any one stock. This works great when the stock rises in your favor. But it is equally likely for the stock to go down (for a multitude of reasons). By limiting your exposure, adverse market conditions will not hurt your portfolio as much.By following the guidelines above you should be avle to avoid common investing problems and be well on your way to better investing principles. There is no substitute for experience but with this guide you should be able to redirect any common investing problems.
Gold is becoming one of the most interesting investments that one can make. Gold establishes assurance for the future because of its great ability to preserve a portion of your savings invested in it should difficult economic times come. Gold is one of the more eye-catching investments in the precious metals category and is becoming more and more popular because it provides diversification in any investing portfolio. Whether you are considering purchasing bullion coins, gold stock or another type of gold, market analysis is essential in order for you to know whether you have a sound gold investment. Here are ten essential tips for successful gold market analysis.1. Examine the daily market report – in spite of the fact that gold is one of the more stable precious metals, taking a look at the market report daily allows for exceptional monitoring of your money. This also allows you to more closely study the changes in the market to know whether you need to get out of your gold investment or not.2. Know the trends – every security has trends that they work in. Speak with other investors about these trends so you can capitalize on a profitable gold return and minimize risk. Trends are important as they keep any investor abreast of what is occurring within the gold market.3. Prices – there are many different gold investing companies that provide gold market analysis on their websites so you are better informed.4. Stay within 5-10% of your entire investment funds – should you invest more, you are potentially risking losing a portion of your investment. Gold just like any investment can go down in price, diversifying your investment risks allows you to invest wiser.5. Get your edge – with precious metal investments, strategy is one of the most important aspects. Knowing how you will invest helps you to maintain a steady investment while keeping within the lines of what you hope to achieve with that particular investment.6. Bear or Bull – there are a variety opinions on these two types of markets with regard to gold analysis. This particular tip depends on your focus and your overall objective with regard to gold in your portfolio.7. Watch the Mines – Mining companies tend to be the most volatile of all gold investing. Gold market analysis is the most successful when you are tending to this particular type of investment (if you have it).8. Historical trends – knowing historical trends is imperative to successful gold market analysis. These trends are good predictors as to how gold will perform going forward.9. Technical Analysis – charts and graphs often provide an even more decisive technique to gold market analysis. Using these can help you be successful in the gold market.10. Foreign markets – knowing the foreign markets is most likely the best tip among this list. Many developing countries are constantly researching the changes and updates surrounding gold. By constantly researching, this helps for a better and sounder investing strategy and keeps the gold market analysis strong and steady.