Tagged: StockMarket

You may remember that a couple of years I stuck my £5,000 savings into shares. They went up. Then shot down. I panicked and sold with a loss of £1,460.58. I concluded that my biggest mistake was to ignore a good friend who told me to have a diversified portfolio. I had 80% of my money in one company, 20% in another. My other mistake was investing at the top of a stock market rally – investing when they were overpriced as opposed to underpriced. And perhaps another mistake was investing money I couldn’t afford to lose – this was …