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GOBankingRates
GOBankingRates
Ashley Donohoe

Ramit Sethi Cautions Investors on 5 Costly Mistakes That Destroy Returns

pcess609 / iStock.com

While investing can help grow your money more effectively than using a savings account, common mistakes and risky moves could work against your efforts.

For example, a recent FINRA Foundation study found that 40% of investors were fine with taking above-average or substantial risks to earn large returns. Meanwhile, 13% fell for high-risk viral investments like meme stocks.

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