Let s Abandon These 4 Stock Market Myths for a More Profitable Future news8000.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news8000.com Daily Mail and Mail on Sunday newspapers.
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February 19, 2021 4:12 AM newsfeedback@fool.com (Ryan Downie)
Posted:
Updated:
February 22, 2021 4:56 AM
Investing based on stock market myths can poison a portfolio. Whether it be half-truths, misapplication of important principles, or outright falsehoods, these myths can keep you from building a winning strategy and realizing the full potential of your investments. Working around the following three fallacies will help you make smart decisions at every step of a long-term investment plan.
Myth 1: Investing is like gambling
Gambling is a zero-sum game. You wager against another person or the house, and wealth changes hands based on the outcome of your bets. The stock market might appear to function the same way, but investing is different in important ways.
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