Most investing mistakes don't look like mistakes when you're making them.Chris Walsh from MoneyHub joins us to break down the most common investing traps New Zealanders fall into, and the simple strategies that actually work long term.We get into why dollar cost averaging beats trying to time the market, what "invest in what you know" actually means (and how it gets misused), why borrowing to invest is riskier than most people realise, and what financial foundations you need in place before you start investing at all.Plus: why 86% of active fund managers underperform the index, and what that means for the rest of us trying to grow our money.If you've ever wondered whether you're investing smart or just getting lucky, this one's for you.In this episode:Why dollar cost averaging works, and how to do itThe problem with picking single stocksWhat "invest in what you know" gets wrongShould you borrow to invest? The risks explainedTime in the market vs timing the marketWhat financial foundations to have before you start investingKiwiSaver: are you leaving free money on the table?How to course correct if you've made investing mistakesThis episode of Making Cents is proudly supported by Odoo. Go to https://www.odoo.com/r/hpl now and try it for free, for 15 days.Follow me everywhere!Facebook / https://www.facebook.com/FrancesCookNZInstagram / https://www.instagram.com/francescooknzTikTok / https://www.tiktok.com/@francescooknzJoin the Money Memo newsletter for a free weekly money tip in your inbox each week https://www.francescook.co.nz/subscribeBecome a confident sharemarket investor by signing up to the Market Memo newsletter https://www.francescook.co.nz/invest#MakingCents #FrancesCook #MakingCentsPodcast #InvestingPodcast #MoneyPodcast #FinancialFreedomProduction and video editing by Lana ByrneAudio engineering by Tash ChittockFilmed by Fanaticals