Avoid putting all eggs in one basket

Avoid Ponzi schemes e.g. Emu farms, Speak Asia, Tulip Bulbs etc

Avoid buying under construction property as much as you can

Avoid buying second house/flat for renting purpose only

Avoid liabilities and build assets first e.g. buying home should come first and buying a car second

Avoid Mixing Investment and Insurance e.g. ULIPS or Life endowment policies

Avoid spending first and saving later

Avoid credit card amount rollovers to next billing cycle

Avoid investing on tips

Avoid having short term horizon for your investments

Also Read :

You should not invest in Stock Market

You should invest in Stock Market

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