One of the biggest investing mistakes I made as a DIY investor was believing that a great company automatically meant a great investment. At one point, I owned the largest steel company in the world. Not some sketchy penny stock. Not a crypto coin named after a dog wearing sunglasses. An actual global industrial giant. Massive revenues. Massive market share. “Too big to fail” energy. At its peak, the stock looked unstoppable. Then the financial crisis hit. The company survived. The shareholders got absolutely obliterated. The stock dropped around 90%. And that experience completely changed how I think about “safe” investments. Because that’s the thing nobody tells you.....A company can remain dominant, profitable, globally important… and still be a terrible investment for shareholders for 10-15 years or foreverrrrrr...... Let me be upfront, some of my biggest investing mistakes came from investments that felt the most logical at the time. One of them eventually cost me around $150,000. In my new video for my 4 year YouTube anniversary (I'm getting old!), I break down the 4 investing mistakes that completely changed how I think about investing, risk, and my own psychology as a DIY investor. https://youtu.be/7TI-P6TMrXQ
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My Biggest Investing Mistakes | 21 Years DIYing 🫣 | Beginner Investors | Blossom Social
