3 Rookie Investing Mistakes You Can't Afford to Make

Investing can help you grow your wealth. When you buy assets that produce a positive return, you don't have to work for every dollar you have -- your existing money can earn more for you. But, you can also end up losing money if you don't make smart choices about your investment strategy.

Unfortunately, many people make mistakes when getting started in investing that end up costing them. The good news is, if you know about these common errors in advance, you can avoid them.

Here are three of them.

Source Fool.com