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Avoid these 5 mistakes to get high returns on your investment

Successful investors always seek high returns and for this they avoid certain mistakes. Find out the mistakes to avoid to get high returns on your investment Keeping losses to a minimal enables your assets to compound over time, increasing their value. Always strive to keep your portfolio from losing value or impeding your assets' growth. Here are 5 mistakes you should avoid to get high returns on your investment. 1. Understand the Investment you make Warren Buffett, one of the world's most successful investors, has advised against investing in businesses whose business strategies you can't understand. Building a diverse portfolio of exchange traded funds (ETFs) or mutual funds is the best method to avoid this. If you do decide to invest in specific stocks, be sure you know everything there is to know about the companies they represent. 2. Don't put all your eggs in one basket You should put your eggs in different baskets for succesful inves...