Chris Walsh

My number one has been not dollar cost averaging.

Single shares are also problematic.

To borrow money to buy shares, risky.

It's a trap and I know this is, we're trying to focus on investing here, but you go backwards when you have all this personal debt.

Oh, sure, plenty.

My number one has been not dollar cost averaging because when markets move around as they are now, people get spooked and they're like, I won't invest.

I'll try and time it for later.

I'll keep money in cash.

And then they miss out.

not doing the dollar cost averaging is really really kind of a sad thing because there's so much media there's so much market news there's so much stuff on reddit on socials and people just get spooked so that's been something which i've made that mistake in the past now i've sort of moved beyond it single shares are also problematic

In the past, perhaps when I was younger, it's like, oh, let's go all in on this.

And I like funds.

I like ETFs.

But there's so much hype.

And I would say to people, don't be put off by investing if you see markets move and just it's time in the market.

It's not trying to time it.

But there's lots of mistakes people make.

And those are certainly two which catch people out like over and over again because it keeps repeating.

Sure.

So it's basically every week or every month you put money into the market.