The Free Retiree Show

S1 EP103: The 7 Types of Bad Investors with Lee Michael Murphy

February 9, 2022

AVOIDING THE BIG MISTAKES EDITION

 

It is common for people to believe they possess the character to be successful investors. Moreover, many also unconsciously possess the traits that make them bad investors, which can cause them to lose money on investments.

 

When it comes to trading or investing, making mistakes is part of the learning process. Stocks, exchange-traded funds, and other securities are typically held by investors for a longer period of time. The average trader buys and sells futures and options, holds those positions for a shorter period of time, and is involved in more transactions.

 

Despite using different types of trading transactions, investors commit detrimental mistakes that can make or break their long-term gains. 

 

Join us as wealth manager Lee Michael Murphy discusses the seven types of bad investors with career advisor Sergio Patterson and attorney Matthew McElroy. Tune in to this week’s episode of The Free Retiree Show.

 

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