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Why not checking trading account for 3 years proved costly for investor

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By not checking on your investment, you are essentially saying that everything is accurate and there is nothing wrong with it.

By not checking on your investment, you are essentially saying that everything is accurate and there is nothing wrong with it.

PHOTO: UNSPLASH

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Putting your hard-earned savings into an investment without first checking the details and then not looking out for regular updates seems a foolish way to manage your money, but too many of us do just that and pay the price.

That casual, hands-off approach has resulted in many investors here losing their shirts, and yet more and more folk continue with such bad habits, judging from the disputes cropping up at the courts and the Financial Industry Disputes Resolution Centre (Fidrec).

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