Wall Street has been preaching for years and years to investors how and where to put their money. The “experts” have put forth these ideas for so long that they seem to be carved in stone just like Moses did with God’s 10 Commandments. The only difference is that what Wall Street preaches is lies that will make you broke.
It will be difficult in this short space to elaborate on them, but please stop and give a long think to all of these commandments.
1. Do research
2. Buy and Hold
3. Dollar Cost Average
4. Diversify
5. Buy a good stock and put it away
6. You can’t afford to be out of the market
7. Never try to time the market
8. Rearrange your portfolio with age
9. Your broker will watch your account
10. The market always comes back
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