Stock market myths

There are many stock market myths. Here are some of our favorites that you might want to add to your collection:

Fallen angels rise up

Many people like the idea of buying at the lowest rate in 52 weeks because it leaves nowhere to go but up. Unfortunately, this myth of buying on price is a recipe for disaster. Many professional investors call this catching a falling knife. It’s always possible for a stock’s price to keep falling. Always look for value. Most professionals would prefer to buy at a new high than a new low.

What goes up must come down

Let’s look at a well-known example. Was Berkshire Hathaway (BRKb) expensive at $6,000 per share? How about $10,000 per share? Who could ever imagine that this stock would exceed $70,000 per share? Inflation alone would help the shares continue their upward trajectory.

Stock market investments are the same as gambling

Many people go to Los Vegas and say they invest and get higher returns with craps than the stock exchange. In reality, this really depends on the strategy you use. If you listen to rumors and TV investment shows, chances are Vegas would be a better choice. On the other hand, great fortunes have been made by those who use well thought out investment strategies.

It requires further training and a university degree.

Nothing could be further from the truth. It’s as easy for people using online resources and research as it is with college education. The best approach is to use virtual trading to test strategies until you find a method that works.

You get what you pay for

There are 100s of investment strategists and salespeople who will try to tell you that you “get what you pay for” in the stock market. That if you pay higher fees for their advice you will get better returns. Statistics show that eliminating the middleman significantly increases returns for many investors. Understand what you are paying for and then decide if it is really worth it.

Pay-for-performance

Fund companies charge high fees before you know what kind of returns they will provide. Don’t pay to play if the fund doesn’t perform. It’s better to use no-fee funds or ETFs with almost no fee at all to achieve the same financial goals.

About the Vikingen

With Vikingen’s signals, you have a good chance of finding the winners and selling in time. There are many securities. With Vikingen’s autopilots or tables, you can sort out the most interesting ETFs, stocks, options, warrants, funds, and so on. Vikingen is one of Sweden’s oldest equity research programs.

Click here to see what Vikingen offers: Detailed comparison – Stock market program for those who want to get even richer (vikingen.se)