Top 5 Pitfalls Investors Should Avoid

No. 4: Emotional attachment

Emotional attachment is natural, but when it occurs in a business setting, it can be potentially devastating. Once an investor acquires a certain property or venture, he or she will have the tendency to attach to it and over-value it, which can lead to misguided decisions and financial fiascos. A professional investor should always avoid getting attached to their investments and remain dispassionate throughout the process.