Investing Myths

Here is the link. 

Paul  discusses 15 investment myths that can cost investors a lot of money, with Ken Roberts, host of ‘Ken’s Bulls and Bears’,  The myths include:

1.  Investing is just another form of gambling.
2.  You don’t lose money if you don’t sell.
3.  You should sell your losers and let your winners run.
4.  Almost nobody beats the S&P 500.
5.  Morningstar 5-star funds are the best in the industry.
6.  I’ll have plenty of time to save for retirement if I start by the time I’m 40.
7.  A million dollars is enough to retire.
8.  You don’t need international funds.
9.  Market timing is more risky than buy and hold.
10.  Market timing keeps investors from losing money in a bear market.
11.  Ten years of performance is a meaningful track record.
12.  A mutual fund manager will take steps to protect against a bear market.
13.  Stock brokers recommend the best investments they know.
14.  Brokers and investment advisors are a big waste of money.