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3 Investing Traps That Cost You Money and How to Overcome Them

3 Investing Traps That Cost You Money and How to Overcome Them

Emotional impulses can cause investors to make bad decisions with stocks, so here are three common mistakes and how to overcome them. Investors often fall into this trap by getting hung up on the original price they paid for a stock. Let's say that Joe buys a share of XYZ stock for $100.