Investing can be a great way to increase your wealth and explore new opportunities. However, many people make the same mistakes across the board that hinder their maximum possible outcome. Everyone should have their own goals that are personal to them and base their strategy off this. Understanding the costs associated with an investment advisor is also important. Understanding the tax implications is necessary as well, as many investors overlook this aspect.
Source: https://www.businessinsider.com/personal-finance/investing-mistakes-see-as-financial-planner-2020-8