25 Ironies of Investing : (Here some of them )
Bilow, read irony #4, it fits you very well. Only an idiot investor try to put all eggs in one basket. So stop think that you smarter than everyone.
2. "Investors who are most confident of their skill, and thus tend to
trade the most, often get the worst investment results, because of
the trading costs they incur," says Larry Swedroe, research director
at Buckingham Asset Management in St. Louis.
3. You are more likely to
outperform other stock
investors if you give up trying
and instead buy
market-matching index funds.
4. "The best way to get rich is
to buy one stock and hope it's
a 20-bagger," says William
Bernstein, an investment
adviser in North Bend, Ore.
"But it's also the most likely
way to end up poor."
5. In inefficient markets, stocks will be mispriced. But if you try to
take advantage of these opportunities, you may trail the market,
because trading costs in inefficient markets are often exorbitantly
high. |
