Investing is an excellent way to build wealth over time, but it has risks. Investors make costly mistakes that derail their financial goals without proper financial education. That's why financial education is crucial for successful investing. Avoiding common investment pitfalls The investment world is rife with potential pitfalls that trip up even the most experienced investors. These pitfalls include emotional decision-making, overconfidence bias, herd mentality, and a lack of diversification. Financial education equips investors with the knowledge and tools to recognize and avoid these common mistakes. For example, emotional decision-making leads investors to buy or sell based on fear...