{"id":325267,"date":"2026-03-02T17:22:17","date_gmt":"2026-03-02T17:22:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/325267\/"},"modified":"2026-03-02T17:22:17","modified_gmt":"2026-03-02T17:22:17","slug":"michael-houghton-in-my-early-investing-years-i-was-naive-and-impatient-a-terrible-combination-for-any-long-term-investor","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/325267\/","title":{"rendered":"Michael Houghton: \u2018In my early investing years, I was naive and impatient \u2013 a terrible combination for any long-term investor\u2019"},"content":{"rendered":"<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-91174671_secondary indo-1d70522a_marginbottom4 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop4\" style=\"color:var(--color-primary-80)\" data-testid=\"title-summary\">I chased shortcuts, took unnecessary risks, and got burned as a result. Nowadays, I take the slow and steady route\n<\/p>\n<p><img decoding=\"async\" alt=\"Healthy financial habits matter more than any individual investment. Photo: Getty\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/03\/6be4379a-2220-46be-8c19-927a43352f23.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">Healthy financial habits matter more than any individual investment. Photo: Getty<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">In early 2020, I sat in a Garda station giving a statement about an investment scam I had been a victim of. I remember feeling embarrassed as I explained to the officer how it had happened, realising too late how many red flags I had missed.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">In my early investing years, I was naive and impatient \u2013 a terrible combination for any long-term investor. Two years in, things weren\u2019t going well. I had been caught up in multiple unregulated investment schemes and had started to question everything I thought I knew about investing.<\/p>\n","protected":false},"excerpt":{"rendered":"I chased shortcuts, took unnecessary risks, and got burned as a result. Nowadays, I take the slow and&hellip;\n","protected":false},"author":2,"featured_media":325268,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[93,61,60,3362],"class_list":["post-325267","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entertainment","tag-entertainment","tag-ie","tag-ireland","tag-money-experts"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/325267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=325267"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/325267\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/325268"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=325267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=325267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=325267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}