While you can get financial planning advice from friends or keep up with the latest investment news, you still have figure out how to apply what you have learned. In the New York Times, financial planner and author Carl Richards writes, “Most of what we hear about investing isn’t right or wrong. It’s a matter of applying what we hear to our own situation.” He encourages readers to not mistake investing folklore for personalized advice but to filter investment advice through the prism of personal goals.
But what exactly is investing folklore? Financial folklore is stock tips and other …Read More