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Mistake #1 -- Many investors don't know what they want from their financial life. Instead of asking "what should I invest in?", shift the question to "why am I investing?"
Mistake #2 - Many investors don't know that there is a difference between goals and dreams.
One can still be happy even if dreams don't come true. Goals are personal and results in personal satisfaction. The why conversation helps investor to identify their goals and dreams
Understanding why allows you to invest wisely. We have limited resources in terms of time and money -- the why questions helps us to achieve what is most important.
