When it comes to finance, there are very few absolute truths. But there are MANY absolute un-truths. Let’s call them “myths.” And while some are relatively harmless, there are others that can break even the best-laid financial plans. So I’m here to de-bunk them.
Consider this: Are stocks and other long-term investments risky? Are fees always bad? Does money really make you happy? People think about questions like that all the time, and while the answers might seem obvious at first glance, a deeper look can reveal something else entirely.
I’m focusing today on the 5 most common money myths that I’ve come across, and why you can’t believe everything you’ve been taught. Get my personal take on all of them on my latest episode of CAPitalize Your Finances!
Important Information:
You should always seek counsel of the appropriate advisor prior to making any investment decision. All investments are subject to risk including the loss of principal.
Christopher Panagiotu is a registered representative with, and securities and advisory services offered through LPL Financial, a registered investment advisor and member FINRA/SIPC. The investment professionals are affiliated with LPL Financial and are conducting business using the name CAPitalize Your Finances, a separate entity from LPL Financial. LPL ART-540423 (02/24)