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4 Investing Mistakes That Could Hit You Worse Than a Recession


Recession fears are on a lot of people's minds right now, and some people have already seen their portfolios lose value. It can be scary, especially since you can't control what the economy does. But you can control how you invest. Avoiding these four devastating mistakes may not prevent all losses. However, it may help ease your worries a little.

Diversifying your investments can help minimize your losses by ensuring no single stock weighs too heavily on your portfolio. Try to spread your money between at least 25 different stocks in several sectors so that if a single company or market sector is hit hard, you'll have other investments that are hopefully doing well.

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Source Fool.com


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