Financial Myths

10 Financial Myths Busted by the Recession by Jeffrey R. Kosnett (2009)

MYTH 1: There's always a hot market somewhere 
MYTH 2: Real estate behaves differently from other investments 
MYTH 3. Reliable dividend payers are safer than other stocks 
MYTH 4. Foreign creditors can drain the U.S. Treasury overnight. 
MYTH 5. Gold is the best place to hide in a lousy economy 
MYTH 6. Life insurance is not a good investment 
MYTH 7. The economic downturn dooms the dollar to irrelevance 
MYTH 8. Mass layoffs reward investors. 
MYTH 9. It's crucial to diversify a stock portfolio by investing style. 
MYTH 10. A near-perfect credit score will get you the best loan rate 
  • Myth: Your tax return is free money. Truth: Itís a no-interest loan to the government.
  • MYTH: "Making present financial decisions based on past financial data."
  • Myth: Home ownership is always good.
  • Myth: You need to make more money before you can start saving
    More Financial Myths

    Userul Books about Financial Myths

  • Killing Sacred Cows: Overcoming the Financial Myths That Are Destroying Your Prosperity. by Garrett B. Gunderson

  • Cowardly Capitalism: The Myth of The Global Financial Casino by Daniel Ben-Ami

  • 25 MYTHS YOU'VE GOT TO AVOID--IF YOU WANT TO MANAGE YOUR MONEY RIGHT: The New Rules for Financial Success by Jonathan Clements

  • Smoke and Mirrors: Financial Myths that Will Ruin Your Retirement Dreams by Sheldon Gordon

  • 21 Financial Myths by Dan Wyson

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