Share investing: Four common mistakes that result in zero profits (or worse, losses)

Mistake # 1: The absence of a methodology – most investors make ad hoc investment decisions. How can you expect to win the game if you have no game-plan? Mistake # 2: Belief that they can make quick profits – too many people thing too short term. Mistake # 3: No patience – invest in quality assets with a quality (proven) methodology and then have the discipline to ride through the volatility. Mistake # 4: Almost no diversification – diversification is by far the biggest single necessary ingre...