Wednesday, August 4, 2010

10 stock market myths

Nice article on staying out of stocks.

Ten Stock-Market Myths That Just Won't Die

by Brett Arends

1 "This is a good time to invest in the stock market."

Really? Ask your broker when he warned clients that it was a bad time to invest. October 2007? February 2000?

2 "Stocks on average make you about 10% a year."

Stop right there. This is based on some past history — stretching back to the 1800s — and it's full of holes.

read the rest here.

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