Trigger warning: Investing advice
What are your favorite platitudes about investing? What do they get right? What do they get wrong? What's a better one-liner that captures the truth better?
- Time in the market beats timing the market.
- Buy low, sell high.
- Be fearful when others are greedy and greedy when others are fearful.
- It's already priced in and The Efficient Market Hypothesis.
- Past Performance Is No Guarantee of Future Results.
- The Markets Can Stay Irrational Longer Than You Can Stay Solvent.
- It's hitting a ceiling/floors/various body parts.
- Don’t catch a falling knife.
- You get what you don't pay for aka Active management is the devil.
- Keep your age as a percent in bonds.
- The market always goes up in the long run.
- Compound interest is the most powerful force in the universe.
I tried to keep misconceptions and incorrect advice out of it.
Got any more?
Submitted February 24, 2017 at 11:13AM by kiwimancy http://ift.tt/2ml63zu
