Real Life Investment Strategies #7: A Better Alternative to Blindly Following “Investment Tips” including Focusing on Current Income or Yield
Why Investment Tips Fall Short … and What to Do Instead Much of what passes for financial wisdom is built on speculation, short-term thinking, and hype. Stock-picking, market timing, and economic forecasts might make for engaging headlines, but they don’t hold up under scrutiny. The reality? An evidence-based, disciplined approach to investing is far more effective. Let’s have a look at some mainstream investment advice you might be hearing people talk about or maybe some investment rules-of-thumb that are not likely to pan out for you, if you follow them…
