Foundations · F7
Common Mistakes
Good plans get damaged by a handful of common mistakes, and every one of them is avoidable.
By the end of this module, you’ll be able to:
- Spot six behaviours that can damage a long-term investing plan.
- Check how an adviser, platform or fund provider gets paid.
- Explain what an investment owns before buying it.
- Tell a forecast from a fact.
- Explain why market timing requires two successful decisions.
- Use automatic contributions to reduce decisions driven by recent markets.
5 lessons · about 45 minutes
- 1The mind traps (recency, home bias)
- 2The money traps (complexity, incentives)
- 3The action trap (timing, holding a falling stock)
- 4The certainty trap (hype and forecasts, promised returns)
- 5The six together + the final check
This module is free and complete for everyone, no account needed. A free account saves your progress.
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