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222 stock market myths + wrap accounts
Season 2 · Episode 22

222 stock market myths + wrap accounts

Dev unpacks 10 myths about the stock market:👉🏾 investing in the stock market is...

Dev Raga Personal Finance · Dev Raga

May 10, 202256m 16s

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Show Notes

Dev unpacks 10 myths about the stock market:


👉🏾 investing in the stock market is gambling

👉🏿 the stock market is only for rich people

👉🏻 buying a stock when it falls is always a good strategy

👉 the more stocks you own, the better it is!

👉🏼 gains and losses are considered equal

👉🏽 more risk means more returns

👉 a low stock price means it's undervalued

👉🏿 everyone needs a financial adviser

👉🏾 sequence of returns doesn't matter

👉🏼 dividend yield investing is always good

👉🏻 and a question from Nyasha who asks, "What is a wrap account?"


🛑 Please read our disclaimer + warnings before listening to this episode

Altus Financial is for medical professionals who want to feel good about their finances. Visit https://bit.ly/altusm3m


Episodes mentioned:

135 gambling vs speculation!

056 what are derivatives (financial)?

203 what is diworsification?

076 what are corporate actions?

077 what is price to earnings ratio (P/E)?

078 what is price to book ratio (P/B)?

028 what is sequence of returns risk?

031 what is dividend investing?

065 dividends vs distributions

102 what is a dividend reinvestment plan (DRP)?

061 what is a trust?


📝 Episode transcript: https://bit.ly/m3meptranscripts

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