Investing is a confusing endeavor for many people, so much so that an entire industry has grown up around giving advice to those in need. Sometimes that advice works out and sometimes it doesn't. Let's look at few timeworn concepts that don't always work out so well for investors despite the industry's recommendations. There are few absolutes in the world of investing, but for decades leading up to the late 2000s, there were a few Wall Street mantras that investors were told over and over again. Here are some of the best and the worst investing advice you've probably heard.
Advice to Reconsider 1. Diversify Diversification has long been held up as a way to protect your portfolio. The theory holds that when some investments lose value, others will gain. For example, investing in emerging markets and small cap stocks instead of just blue chips is touted as a way to protect your portfolio. A global recession can override that theory. Read more: The Best And Worst Investing Advice http://www.investopedia.com/articles/financial-theory/10/best-worst-investing-advice.asp#ixzz4hmyAZY8O Comments are closed.
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AuthorJoshua Nahas Archives
May 2017
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