3 BIGGEST Investing Mistakes To Avoid | FIRE Movement UK

[@chrisc9406]

Another interesting and informative video. Thanks Chris 👍

[@chrisbourne-retirementplanner]

Thank you I’m glad you thought so.

[@bearders22]

You make so much sense Chris. The post covid crash has helped us all to understand the "Don't panic Captain Mainwaring" attitude. I went into drawdown in Feb last year and felt I'd lost my a**e soon afterwards i.e. - 24% 📉. I'd kept 2 years cash reserves and I'm pleased to say that I'm currently 12% up from my starting point.

[@chrisbourne-retirementplanner]

Thanks very much! My wife would disagree 😅 So important to have that cash reserve! I thought I was going into Corporal Jones last year I uttered the words don’t panic that much to clients, but fortunately it was a short lived downturn. Glad to hear drawdown is progressing well so far.

[@whosyourbrad]

Another awesome video Chris, perfect timing as we were just talking about this topic last night 😂👏🏽 Thanks mate 💰💰💰

[@chrisbourne-retirementplanner]

Thanks as always Brad. It’s good to hear that my videos are on trend 😂

[@adeajuwon931]

Excellent high quality content. Thanks for sharing.

[@chrisbourne-retirementplanner]

Thanks Ade! 👍🏼

[@investingwiththeraufbros7884]

Awesome vid Chris, thumbs up!

[@chrisbourne-retirementplanner]

Thank you! Much appreciated.

[@fiddycaliber947]

Great info and well presented as always Chris, thanks! Stay awesome.

[@chrisbourne-retirementplanner]

Thanks for all your support Scott 👍🏼

[@BeautifulNaturalDramatic]

Brilliant video thanks 😊 👍

[@chrisbourne-retirementplanner]

You’re very welcome! Thanks for supporting my channel 👍🏼

[@themaskedmoneysaver]

Always great advice and information explained very well.

[@chrisbourne-retirementplanner]

Good to see you Anita 😊 Thank you as always.

[@michaelfarrell7319]

thank you

[@chrisbourne-retirementplanner]

You’re welcome Michael.

[@iQinvesting]

Nice one Chris! I feel that #1 is massively relevant now as you explained. Many of the new investors in the market (including myself) have never seen a serious bear market! Whilst the COVID bear market was sudden, it recovered faster than any bear market ever. People will be in for a shock I’m sure when we have a tough one.

[@chrisbourne-retirementplanner]

Thanks mate! Totally agree. I started out in financial services in 2003, so I’ve seen the good and the bad! A lot of people have only seen gains apart from a couple of little bumps in the road, so it’ll be interesting to see the fall out.

[@StokeseyHD]

Great channel chris

[@chrisbourne-retirementplanner]

Thanks Callum 👍🏼

[@paulthorpe766]

3.00 min Bitcoin comment very prescient! Same with me.... I used to invest in vintage cars - when a receptionist bought a 1987 328 Ferrari as an investment....I got out of mkt in 2017 !!!

[@chrisbourne-retirementplanner]

Yep… when everybody’s in, it’s time to get out!

[@jigarshukla]

"Study successful investors, and you'll notice a common denominator: They are masters of psychology. They can't control the market, but they have complete control over the gray matter between their ears."-Morgan Housel

[@chrisbourne-retirementplanner]

Love it! Couldn’t agree more.

[@michaelemonds]

As the old adage goes: it's not about timing the market; it's about time in the market.

[@chrisbourne-retirementplanner]

Quite right Michael... one of my favourite sayings.

[@Sabhail_ar_Alba]

The FTSE has been under performing for decades and past performance is all we have when assessing future performance.

[@chrisbourne-retirementplanner]

To be honest, UK equities have actually been amongst the top 3-4 equity markets in a fair few of the years since emerging from the lean spell we had between 1999 and 2002. In fact, in the decade that followed that, UK beat US equities in 6 of those 10 years A better starting point is valuation. That's why Vanguard currently have a more positive outlook for UK equities over the next 10 years than they do Global ex-UK. Vanguard's VCMM has historically been a pretty reliable forecaster of returns.

[@unorthodoxsavings9552]

Excellent tips !

[@chrisbourne-retirementplanner]

Thanks bud!