4. Not taking help from others

What if your income is less and you got investment deals that are expensive and not affordable? Have you thought about such a situation? There is nothing much to think just ask for help from other people. But most small investors are either too shy or afraid to do that and hence they can never grow.

Taking help from other people includes the banks, your friends and relatives, leasing, other credit institutions. Most people have a wrong conception that it is not right to buy things on credit. If you have something to do with your ?? then don’t hesitate to buy everyday things on credit.

5. Terrible diversification

“Diversification” is the key for smart investment. You might have heard of diversification but have you really applied or used it? It is seen that most of the small investors have enormous share of their assets invested in real estate. Few of them heavily put their money on index funds or other mutual funds. But have you ever thought of what would happen if a recession were to hit you? The falling home prices drag the stock exchange and funds with them. So, always remember even if you diversify between real estate and funds you will be taking a huge risk.