The investment world is full of analysts, financial advisers and investor friends who want to tell you what you should do with your money.
Most of the time, their advice is well-meaning.
You might even agree with them – recalling how you saw the same advice on CNBC, reading The Economist or having heard 20 of your friends espousing the same sagely investment strategies.
I like to tell readers of my articles to critically think through and process what they’ve read or heard…
…because even the most reputed advice or research can fool you.
In this article, I want to highlight some of the pitfalls of some of the most common investment advice out there. By doing so, I hope you’ll start to ask more questions if that advice is suitable for you – and make better informed decisions.
Note – this isn’t a “debunking” investment myths post…
Rather, these
...