There are way too many myths surrounding investing that a surprising amount of people actually believe. Don’t be fooled by some of the so-called stock market knowledge that may be hurting you or people you know. On this episode Dan shares the top three myths that tend to confuse people and lead them in the wrong direction.

He shares his insight on the history of the market and how we can tune into that to see how these myths have been exposed over time. Dan talks about stock-picking, market timing and track record investment strategies and explains why they are unreliable methods. He gives some valuable information on more simple ways to view investment strategies and how you can invest in a safer and more effective way.

Listen to the Full Episode:

What You’ll Learn In Today’s Episode:

  • How the Bull and Bear markets go hand-in-hand.
  • How to know if you have been a victim of stock-picking.
  • Why it’s so important to have a diversified stock portfolio.
  • Why market timing is fools gold and actually unpredictable.
  • How to be wary of your stock broker when they tell you to load up on a certain stock.
  • Why investing based on track record is more unreliable than you might think.

Ideas Worth Sharing:

[bctt tweet=”To suddenly conclude that because a stock has gone up a certain amount, it must go down, that’s pure speculation. – @DanCuprill” username=”DanCuprill”]

[bctt tweet=”Unless you have tomorrows newspaper today, timing the market is just not a logical move.- @DanCuprill” username=”DanCuprill”]

[bctt tweet=”Your success in outthinking the market in the past is not a reliable indicator of your ability to do so in the future.- @DanCuprill” username=”DanCuprill”]

Resources In Today’s Episode:

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