10 Common Misconceptions About Investing
10. If I have enough information, timing the market is possible.
9. Historical figures can predict future returns.
8. If I trade in and out of the market, I will do well.
7. Work like mad, read all the financial news, see all the financial channels and I can be an 'expert' at investment.
6. If only the resident market guru broker or financial analyst can give me their predictions and views, I'd do well.
5. I can buy stocks and investment by reading the predictions of financial magazines and buying myself some of those.
4. Putting all my money into savings account is my investment.
3. It is possible to get 20% per annum every year for my investment
2. My hotshot financial advisor, fund manager etc has a CFP, CFA, CPA, PhD in Financial Economics, so I can put my money safely with them.
1. Put all my money into one place and watch it like a hawk.
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Disclaimer
reliance placed on information provided in the blog.
Shares and financial instruments illustrated in this blog can go down sharply or in certain instruments suffer total loss on the initial investments. Investors are advised to make their own judgment on the information provided and consult their own financial advisors or consultants as to the suitability of the products illustrated to their particular financial needs and objectives before acting on any information contained herein in this blog.
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