💨 Abstract

The UK government is encouraging people to invest rather than keep money in low-interest savings accounts. While investing can yield higher returns, experts warn beginners to avoid common mistakes. Key errors include panic-selling during market dips (e.g., Tesla’s fluctuations), chasing "hot tips" from social media, overcomplicating portfolios, and ignoring hidden fees. Experts advise sticking to long-term plans, using index funds, and never investing money needed for essentials.

Courtesy: Tanyel Mustafa