The Biggest Myths in Investing
Courtesy of Cullen Roche, Pragmatic Capitalism
The following ten posts include some of the biggest myths in the investing world. I hope you find them educational and informative. If you finish this and feel ultra nerdy you might enjoy my post on the Biggest Myths in Economics.¹
Myth #1 – The “Investing” Myth
Myth #2 – The Stock Market Is Where You Get Rich
Myth # 3 – You Need To Beat The Market
Myth # 4 – Indexing is Average
Myth # 5 – Bonds Lose Value if Rates Rise
Myth # 6 – Gold is a Good Portfolio Hedge
Myth # 7 – Fees are a Small Price to Pay for Expert Advice
Myth # 8 – More Information Will Give me an Immediate Advantage
Myth # 9 – Risk is Something we can Quantify
Myth # 10 – Forecasts are Useless
¹ – Boy, there sure is a lot of bullshit out there, huh?
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