The S&P/ASX 200 Index (ASX: XJO) is on course to end the month in the red. In afternoon trade, the benchmark index is down 0.7% to 7,237.5 points.

Four ASX shares that are falling more than most today are listed below. Here’s why they are dropping:

Bubs Australia Ltd (ASX: BUB)

The Bubs share price is down 8% to 62.5 cents. This appears to have been driven by a combination of profit taking after a strong gain yesterday and a broker note out of Bell Potter. In respect to the latter, this morning the broker downgraded this infant formula company’s shares to a speculative hold rating with a 75 cents price target. It is treating Bubs’ 1.25 million tin order from the US largely as a temporary sales boost.

Polynovo Ltd (ASX: PNV)

The PolyNovo share price is down 5% to $1.24. Investors may have been selling this medical device company’s shares after data showed that short sellers continue to increase their positions. Approximately 11.4% of its shares are held by short sellers at present, making it one of the most shorted on the market.

Suncorp Group Ltd (ASX: SUN)

The Suncorp share price is down over 5% to $11.46. This appears to have been driven by a broker note out of Morgan Stanley. According to the note, the broker has downgraded Suncorp’s shares to an underweight rating with a $10.50 price target. Morgan Stanley has warned that Suncorp is one of the companies most exposed to the structural risks stemming from climate change

Zip Co Ltd (ASX: ZIP)

The Zip share price is down 5.5% to 92 cents. Investors have been selling Zip shares amid weakness in the tech sector on Tuesday. That weakness has seen the S&P/ASX All Technology Index fall 1.9% this afternoon and comes despite Nasdaq futures pointing to gains on Wall Street tonight.

The post Why Bubs, PolyNovo, Suncorp, and Zip shares are dropping appeared first on The Motley Fool Australia.

More reading

• Why is the Suncorp share price cratering today?
• ASX 200 midday update: Beach, Santos rise but EML, Zip tumble
• May was another shocker of a month for the Zip share price. Here’s why
• Bubs share price tumbles 5% amid broker downgrade
• 2 ASX All Ordinaries shares rocking new 52-week highs today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended POLYNOVO FPO and ZIPCOLTD FPO. The Motley Fool Australia has recommended BUBS AUST FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The S&P/ASX 200 Index (ASX: XJO) has slipped a little over today’s trading session, paring back some of yesterday’s gains. At the time of writing, the ASX 200 has lost 0.75% and is now back under 7,250 points.

But let’s dive deeper into these market moves and take a look at the ASX 200 shares that are presently topping the share market’s trading volume charts, according to investing.com.

The 3 most traded ASX 200 shares by volume this Tuesday

South32 Ltd (ASX: S32)

Diversified miner South32 is our first share of the day this Tuesday. So far today, a notable 10.44 million of this ASX 200 resources company’s shares have been bought and sold on the markets.

There hasn’t been any news or announcements out of South32 lately, save for some routine share buyback notices (which could be boosting volumes in themselves). But it’s probably the healthy share price rise we’ve seen out of South32 today that is responsible for the higher trading numbers. South32 is currently up 2.25% at $4.99 a share.

Beach Energy Ltd (ASX: BPT)

ASX 200 oil share Beach is next up today. So far, we’ve seen a hefty 11.36 million Beach shares swap owners. Again, this seems to be a consequence of the movements of the Beach share price itself.

The energy share is presently up a healthy 2.7% at $1.685 a share. This follows a big jump in oil prices overnight, which is currently being reflected across the energy sector.

Pilbara Minerals Ltd (ASX: PLS)

Pilbara Minerals is our third, final, and most traded ASX 200 share of ar this Tuesday. We’ve seen a sizeable 11.83 million of this lithium producer’s shares change hands as it currently stands. We could have some share price volatility to thank in this case.

Pilbara is currently down 0.67% at $2.96 a share today. However, the company was in the green in early afternoon trading. Perhaps it is this bouncing around that has led Pilbara to the top of the mountain today when it comes to share trading volumes.

The post Here are the 3 most traded ASX 200 shares on Tuesday appeared first on The Motley Fool Australia.

More reading

• Why Argosy, Arafura, Beach, and De Grey Mining shares are rising
• Why ASX lithium shares have ‘absolutely more room to run’ in 2022: expert
• Why is the Beach Energy share price having such a cracking Tuesday?
• ASX 200 midday update: Beach, Santos rise but EML, Zip tumble
• What’s the outlook for the Pilbara Minerals share price in June?

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The A2 Milk Company Ltd (ASX: A2M) share price has had a stellar start to the week, but could it go higher on the back of any potential US deal?

A2 Milk shares have jumped almost 10% since market close on Friday to $4.74. In today’s trade, the company’s share price is currently 0.63% in the red.  For perspective, the S&P/ASX 200 Index (ASX: XJO) is down 0.48% today.

Let’s take a look at the outlook for A2 Milk shares.

A2 Milk seeks US FDA approval

A2 Milk would like to cash in on the US infant formula market like Bubs Australia Ltd (ASX: BUB), according to media reports.

Bubs shares soared 40% yesterday after the company signed a deal with the Biden Administration to supply 1.5 million tonnes of infant formula.

President Joe Biden tweeted yesterday: “I’ve got more good news: 27.5 million bottles of safe infant formula manufactured by Bubs Australia are coming to the United States”.

A major US baby formula production plant run by Abbott Laboratories (NYSE: ABT) recently shut down temporarily due to a bacterial infection, causing a nationwide shortage of the product.

However, now the A2 Milk managing director and CEO David Bortolussi has revealed the company has applied to the US Food and Drug Administration (FDA) to supply infant milk formula.

Commenting on the potential for a US deal to Reuters, Bortolussi said: “We are able to provide support … leveraging our existing U.S. presence and distribution capability.”

Broker Barrenjoey is optimistic A2 Milk could target the US market, the Financial Review reported today.

Analysts noted breaking into the US WIC subsidy program has been difficult for outsiders in the past, “perhaps until now”. The broker added:

The US infant milk formula (IMF) industry is unique as the federal government purchases more than half the IMF consumed via its WIC subsidy program. The government then resells product to retailers at reduced prices to ensure affordability.

A2 Milk share price snapshot

The A2 Milk share price has slid 14% in the past year, while it has fallen 13% year to date.

For perspective, the benchmark S&P/ASX 200 Index (ASX: XJO) has returned about 1% in the past year.

A2Milk has a a market capitalisation of about $3.5 billion based on today’s share price.

The post Can A2 Milk shares cash in on a US deal like Bubs? appeared first on The Motley Fool Australia.

More reading

• 3 ASX 200 shares off to a cracking start to the week
• Why Alkane Resources, Block, Bubs, and Telix shares are storming higher
• ASX 200 midday update: AGL demerger scrapped, A2 Milk jumps
• Why is the A2 Milk share price climbing 11% on Monday?
• Low on milk? Fear not, here’s why Citi is bullish on the A2 Milk share price

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended A2 Milk. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the month in the red. At the time of writing, the benchmark index is down 0.75% to 7,231.7 points.

Four ASX shares that are not letting that hold them back are listed below. Here’s why they are rising:

Argosy Minerals Limited (ASX: AGY)

The Argosy Minerals share price is up 6% to 52 cents. Investors have been buying this lithium developer’s shares following an update on its Rincon project in Argentina. The release reveals that 83% of the total works are now completed for the development of the 2,000tpa lithium carbonate production operation. In light of this, Argosy remains on schedule to commence production during the third quarter of calendar year 2022.

Arafura Resources Limited (ASX: ARU)

The Arafura Resources share price is up 15% to 48.3 cents. This is despite there being no news out of the rare earth developer. However, its shares have been storming higher in recent sessions. This appears to have been driven by a delayed reaction to recent news that it has signed an offtake agreement with auto giant Hyundai.

Beach Energy Ltd (ASX: BPT)

The Beach share price is up 3% to $1.69. This follows a strong rise in oil prices during overnight trade. The catalyst for the strengthening oil prices was news that China is easing its COVID-19 restrictions and the EU has agreed a partial ban on Russian oil imports.

De Grey Mining Limited (ASX: DEG)

The De Grey Mining share price is up 4% to $1.12. This follows the release of an update on its Mallina Gold Project. The release highlights that the Hemi deposit’s mineral resource estimate is now 25% higher than its previous estimate at 8.5Moz. This increases the project’s total mineral resource estimate to 10.6Moz.

The post Why Argosy, Arafura, Beach, and De Grey Mining shares are rising appeared first on The Motley Fool Australia.

More reading

• 3 ASX mining shares going gangbusters on Tuesday
• Why is the Beach Energy share price having such a cracking Tuesday?
• ASX 200 midday update: Beach, Santos rise but EML, Zip tumble
• 5 things to watch on the ASX 200 on Tuesday
• Why I think these two ASX shares could turn $5,000 into $100,000

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Finding an ASX share with a ‘monopoly moat’ might sound like a difficult task. After all, aren’t monopolies meant to be illegal outside of the famous board game?

Well, yes. But there are some businesses that are just too hard to compete with. We’ve seen the difficulties that various airlines have had in competing with Qantas Airways Limited (ASX: QAN) throughout the last few decades. While Qantas keeps on flying, competitors like Ansett and Virgin have seen bankruptcies.

A monopolistic business by definition has a moat. A moat is a term coined by the legendary investor Warren Buffett. It refers to the protections a company can surround itself with to protect it from competitors, much like a castle can surround itself with a moat to guard against marauders.

There are many different ‘moats’ a company can possess, such as a powerful brand.  But if it is difficult for competitors to even compete with a business (it takes an awful lot of money to start an airline, for example), then that business has a very powerful form of a moat.

So are there any ‘monopoly moat’ companies listed on the ASX?

Fund manager names 3 ASX shares with monopoly moats

Well, yes, according to a recent article from Livewire. Livewire interviewed several ASX fund managers for their idea in this area. Leon de Wet of Elston Asset Management named three.

The first is Transurban Group (ASX: TCL). Transurban runs the largest network of tolled roads in Australia. Chances are that if you live in a capital city, you regularly use one of Transurban’s toll roads. This is particularly so in Sydney. Toll roads are extremely difficult to compete against, and are more or less ‘essential’ services for millions of motorists and truck drivers.

Another is electronic property conveyancing platform provider PEXA Group Ltd (ASX: PXA). De Wet notes that PEXA is “estimated to have handled more than 80% of the property transactions in Australia for the six months to December 2021”. That indeed sounds like a monopoly moat company at work.

But de Wet’s last pick is a newcomer to the ASX. It is none other than The Lottery Corporation Ltd (ASX: TLC). Lottery Corp shares hit the ASX last week after they were spun out of Tabcorp Holdings Limited (ASX: TAH). De Wet reckons lotteries “have historically proven to be defensive with revenue resilient regardless of the economic environment driven by a loyal customer base”.

He also calls lotteries and Lottery Corp’s Keno “infrastructure-like businesses”, but also “capital light”. De Wet also notes the infrequent licensing opportunities and lucrative stream of tax revenue that the businesses offer.

So those are three ASX shares that this fund manager reckons display characteristics of ‘monopoly moats’. If this analysis proves accurate, it could well mean investing in these companies is a good long-term bet.

The post Fund manager names 3 ASX shares with monopoly moats appeared first on The Motley Fool Australia.

More reading

• What’s dragging on the Tabcorp share price today?
• Here are 2 top ASX dividend shares to buy according to analysts
• ‘We’re close to the bottom’: Expert flags share market sectors to buy before the rally
• How do ASX shares typically perform following a demerger?
• Are newly-listed Lottery Corp shares worth buying? ASX brokers weigh in

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended PEXA Group Limited. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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In afternoon trade, the BrainChip Holdings Ltd (ASX: BRN) share price is on course to end the month in the red.

At the time of writing, the artificial intelligence (AI) technology company’s shares are down 1.5% to $1.11.

But that won’t take the shine off what has been a stellar month for the BrainChip share price.

How is the BrainChip share price performing in May?

Barring a late afternoon selloff, the BrainChip share price is on course to record a 13% gain during the month of May.

This gain appears to have been driven by news that the company has been accepted into the Arm AI Partner Program.

The Arm AI Partner Program is an ecosystem of hardware and software specialists aiming to help developers deliver the next generation of AI solutions.

In response to the news, the company’s CMO, Jerome Nadel, said:

It’s valuable for BrainChip to be part of Arm’s portfolio of partners as Arm is not only a leading provider of AI technologies, but an industry influencer. Arm offers us another channel to give end users access to Akida, the world’s first commercial neuromorphic AI accelerator, and to foster the development of best-in-class AI products and applications.

Despite facing competition from global giants such as IBM, BrainChip believes that its Akida processor has game-changing capabilities in AI markets. The release highlights that its processor mimics the human brain to analyse only essential sensor inputs at the point of acquisition, processing data with “unparalleled” efficiency, precision, and economy of energy.

Time will tell what happens with BrainChip in this highly competitive industry, but with a market capitalisation of almost $2 billion and next to no revenue, a lot is certainly riding on the company succeeding.

The post Why has the BrainChip share price performed so strongly in May? appeared first on The Motley Fool Australia.

More reading

• Why I think these two ASX shares could turn $5,000 into $100,000
• Why is the BrainChip share price tumbling 5% on Wednesday?
• Why BHP, BrainChip, Chalice Mining, and Fisher & Paykel shares are dropping
• Why BrainChip, Codan, Elders, and Karoon Energy are storming higher
• Why is the BrainChip share price rocketing 15% higher today?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Few shares of the S&P/ASX 200 Index (ASX: XJO) have had a rougher trot in recent years than the Magellan Financial Group Ltd (ASX: MFG) share price. It was only back in February 2020 that Magellan was a $65 share. Today, it is going for $15.75 at the time of writing, down a nasty 2.4% for the day so far.

This latest loss puts Magellan down more than 17% in 2022 so far, and down almost 62% over the past 12 months. Saying that, the company has bounced off of the new 52-week low of $13.22 that we saw back in March.

It’s been a long series of unfortunate events that have culminated in Magellan losing so much of its value over the past two years or so. We’ve had the departure of Magellan’s co-founder and former chief investment officer/stock-picking star Hamish Douglass. We’ve also had chronic underperformance of Magellan’s investment funds, the loss of several institutional investors and a significant decline in funds under management.

But now that the Magellan share price seems to have found a bottom, could it be about to stage a big comeback this June?

Is the Magellan share price about to stage a June comeback?

Well, the answer is no, at least according to ASX broker Morgan Stanley. As my Fool colleague James reported earlier this month, Morgan Stanley Is still maintaining an underweight rating on Magellan shares, with a 12-month share price target of just $11. If Magellan hits $11 a share, it would fall well below its current 52-week low of $13.22.

Morgan Stanley reckons Magellan’s continuing fund outflows will continue unless the company starts delivering some outperformance in its investment funds. The broker is arguing that until some of Magellan’s long-term performance metrics improve, investors will continue to see little reason to invest in Magellan’s offerings.

So it’s probably fair to say that Morgan Stanley is not pencilling in a June comeback for the Magellan share price. The broker could be wrong of course, but we shall have to wait and see.

At the current Magellan share price, this ASX 200 fund manager has a market capitalisation of $2.93 billion, with a trailing dividend yield of 14.22%.

The post Can the Magellan share price stage a comeback in June? appeared first on The Motley Fool Australia.

More reading

• Free cash flow: Here are 3 ASX All Ords shares that have it in spades
• What’s going on with the Challenger share price today?
• Why is the Magellan share price marching higher today?
• 2 ASX shares I have supreme confidence in: fund manager
• Why is the Magellan share price up 7% today?

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The market has slipped back into the red on Tuesday and some S&P/ASX 300 Index (ASX: XKO) shares are feeling the impact. And for some that were already trading around their lowest point in 12 months, today’s dip has brought unfortunate milestones.

Let’s take a closer look at three ASX 300 shares that have fallen to their lowest point in more than a year on Tuesday.

3 ASX 300 shares falling to their lowest in 12 months

Nine Entertainment Co Holdings Ltd (ASX: NEC)

The Nine share price tumbled to a new 52-week low of $2.17 today – representing a 4.4% drop.

That’s the lowest the ASX 300 share has traded at since late 2020 and seemingly the result of a continued two-month sell-off.

The media company’s stock has dumped 26% of its value since the end of March.

Centuria Capital Group (ASX: CNI)

The Centuria share price also hit a long-forgotten low on Tuesday, slumping to trade at $2.19 – 2.2% lower than its previous close.

Much like Nine, the ASX 300 share hasn’t traded at such levels since November 2020.

Interestingly, the stock’s dip follows seemingly positive news from the property-focus investment management business. The company announced it has secured $223 million of healthcare and retail assets for its existing institutional partnerships this morning.

The Centuria share price is currently 37% lower than it was at the start of 2022.

oOh!Media Ltd (ASX: OML)

The final ASX 300 share trading at a 52-week low is oOh!Media. It hit a low of $1.35 on Tuesday – representing a 4.25% fall on its previous closing price.

The ‘out of home’ advertising company’s stock has seemingly struggled to gain traction after rebounding from a post-pandemic drop in late 2020.

It has fallen a notable 20% year to date. It’s also 60% lower than it was five years ago.

The post 3 ASX 300 shares slumping to 52-week lows on Tuesday appeared first on The Motley Fool Australia.

More reading

• Why has the BrainChip share price performed so strongly in May?
• Can the Magellan share price stage a comeback in June?
• Why is the Suncorp share price cratering today?
• Investing fails: I never want to repeat these 3 embarrassingly bad moves
• Why ASX lithium shares have ‘absolutely more room to run’ in 2022: expert

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended oOh!Media Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Suncorp Group Ltd (ASX: SUN) share price is tanking today after a top broker downgraded it due to “structural” risks from climate change.

Shares in the insurance and banking group have so far tumbled 5.12% to a three-week low of $11.50.

This makes the share the worst performer on the S&P/ASX 200 Index (ASX: XJO) at the time of writing.

For comparison, the Insurance Australia Group Ltd (ASX: IAG) share price and QBE Insurance Group Ltd (ASX: QBE) share price are also falling, by around 3% and 2% respectively.

What’s up with the Suncorp share price?

No catastrophe (CAT) insurer can escape the impact of climate change. But the Suncorp share price could also be taking a beating after Morgan Stanley cut its price target with an “underweight” rating, according to the Australian Financial Review.

The broker reckons that Suncorp and IAG are more exposed to catastrophic weather events than QBE. QBE is a more diversified business.

Morgan Stanley said:

Investors have been discounting climate change and CAT risks as cyclical for insurers, but we think they are structural as our new analysis shows.

Consensus ratings are heavily OW [overweight] on both SUN and IAG, leaning on both stocks being cheap because they have de-rated in the past three years, and also ascribing the ongoing over-runs on CAT costs as cyclical one-offs or sheer bad luck.

We would say that just because SUN and IAG have de-rated recently, does not mean that SUN and IAG are cheap enough.

When cheap isn’t cheap enough

The Suncorp share price has de-rated by around two times price-to-earnings (P/E) points to circa 14 times consensus P/E. The IAG share price shed around 3 times P/E points to 15 times consensus.

But despite the big sell-off today, there is further downside risk to the Suncorp share price, according to Morgan Stanley.

The broker lowered its 12-month price target on Suncorp to $10.50 from $12.50 a share. This implies that the Suncorp share price has to fall another 9% before reaching fair value.

The Suncorp share price vs. the IAG share price

The IAG share price was also downgraded by the broker. Morgan Stanley trimmed its 12-month price target to $3.70 from $4.05 a share.

The reason why IAG is fairing a little better is probably because the broker kept its “equal-weight” recommendation on the shares.

With the big loss in the Suncorp share price today, it is now down 0.2% since the start of 2022. At least that’s a bit better than the IAG share price, which has shed almost 2% of its value since the start of January.

In comparison, the ASX 200 is nursing a loss of 4.6% for the calendar year.

The post Why is the Suncorp share price cratering today? appeared first on The Motley Fool Australia.

More reading

• Is the IAG share price a defensive buy amid rising interest rates?
• Fundie reveals 3 ASX 200 shares with major pricing power to counter inflation
• Broker names 2 ASX 200 shares with major upside potential
• How might the IAG share price fare with another ‘catastrophe’?
• The IAG share price has tumbled 27% in 5 years. Have the dividends been worth it?

Motley Fool contributor Brendon Lau has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Insurance Australia Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

All investors make mistakes from time to time, and I’m no exception. I’ve lost money and missed opportunities to maximize my savings growth on multiple occasions. I’m not proud of it but I’ve learned a lot as a result of these costly errors.

Here are three I plan never to repeat — and hopefully you won’t either.

1. Not contributing to my retirement account regularly

I opened my first retirement account when I was 20 years old but there were several years I didn’t contribute much, if anything, to it. I didn’t have a ton of cash to spare back then and retirement seemed pretty far away, so I didn’t think skipping a few years would make a difference.

Now, a decade later, I really wish I’d consistently put money away for retirement in my 20s. I understand now that those early contributions are some of the most important for my retirement. They’re going to be invested the longest, so they can grow much more than contributions I’ve made more recently.

Fortunately, I learned from this mistake while I was still fairly young. Now, I make retirement contributions a high priority. I try to save at least 15% of my annual income each year and I set reminders to myself to make contributions monthly so I don’t forget.

2. Investing in things I didn’t understand

I bought some cryptocurrency during the 2017 boom without knowing too much about it. I had relatives who had made quite a bit of money trading crypto at the time and, like many others, I decided to try to cash in before prices went even higher.

While I did make a small profit, my limited crypto knowledge definitely hampered me. There were times when I bought coins while prices were high, only to watch them fall the next day. And sometimes I sold some when I could’ve made more money by holding onto them. Those errors may not have happened if I’d understood what I had and what was driving the extreme volatility. But as it was, I was often making decisions in response to the coins’ recent performance.

Since then, I’ve learned that I can do a lot better by taking the time to understand my investments and focusing on their long-term growth potential. I tend to be wary of stocks that skyrocket overnight, like meme stocks, and do my best to tune out to a lot of the internet hype.

3. Not paying enough attention to investment fees

I didn’t think much about investment fees when I first started investing, especially since they came directly out of my account. As a result, I can’t be sure how much I paid in investment fees over the years or how much I could’ve saved if I’d focused on low-cost investments from the start.

Before I invest in anything today, I make sure to look into the fees associated with it and I try to keep these as low as possible so I can hold on to more of my earnings. One of the best ways to do this is investing in index funds. These bundles of stocks mimic the performance of a market index, and they instantly diversify your savings. They’re also known for being really affordable. The best S&P 500 index funds only charge you about $3 per year for every $10,000 you have invested in the fund.

I can’t go back and undo the investment mistakes I’ve made so far, but I can use what I’ve learned to ensure they never happen again. In addition to taking these steps, I also review my investments each year and look for opportunities to improve my portfolio’s performance. That doesn’t mean I’ll never make any investing mistakes again, but I at least feel confident that I’ll continue to improve over time.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post Investing fails: I never want to repeat these 3 embarrassingly bad moves appeared first on The Motley Fool Australia.

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• Why is the Suncorp share price cratering today?
• Why ASX lithium shares have ‘absolutely more room to run’ in 2022: expert
• If you’d bought $5,000 of Tesla shares 5 years ago, woohoo! Here’s how much you’d have now
• The Rio Tinto share price has leapt 11% in 3 weeks. Is there more to come?
• 3 ASX mining shares going gangbusters on Tuesday

The Motley Fool has a disclosure policy.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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