Avoid These Common Investment Mistakes: Tips for Millennial and Gen Z Investors
Co-founder of data provider DataTrek, Jessica Rabe, highlights seven rookie investing mistakes made by Millennial and Gen Z investors. These include trying to pick single stocks instead of investing in ETFs, treating investing like gambling, thinking they don't have enough to invest, only investing in companies they "believe in," letting big gains cloud their judgment, succumbing to FOMO, and engaging in options investing. Rabe advises young investors to prioritize risk management, diversify their investments, and be cautious with cryptocurrencies and options.