5 ways most investors are just plain wrong - MarketWatch

5 ways most investors are just plain wrong - MarketWatch:
A fool thinks himself to be wise, but a wise man knows himself to be a fool.” From “As You Like It,” by William Shakespeare

My best advice: Once you have a good long-term strategy, turn off the television, throw away the marketing mailers and focus on living your life.

My best advice: Learn the difference between what is possible (almost anything) and what is probable or likely. You can't know what's really likely until you have 30 to 80 years of performance data.

My best advice: Rely on the appropriate amount of fixed-income investments, not stock fund managers, to keep you within your risk tolerance.

My best advice: No matter how certain you are that you're right, get a second opinion.
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