in Money & Stuff

Some Bull Shit Myths & Lies The Financial Industry Tells Investors

  • the 4% rule
  • Dollar Cost Averaging – A Sales Tool Created by a Mathematical Sleight of Hand
  • it’s always better value to buy permanent insurance
  • that a financial plans efficiency is the metric one should optimize for
  • That you need life insurance & there is a formula for calculating the ‘correct’ amount
  • The past returns are not an indicator of future performance but they will be 90% of our material & conversation paradox
  • That history predicts the future & worst case scenarios
  • That anyone can pick the winning horse