Stop Believing These Investment Myths That Are Keeping You Broke
If that growth slows down, these companies can come crashing back down to earth. They often collapse quickly like hot air being let out of a balloon.
Of course, value stocks fluctuate too, but generally not to the extent of growth stocks. So bottom line? Don’t place all your faith in the standard growth vs. value stock story that reveres investors who got an early call correct. (How many calls did they get wrong that you didn’t hear about?). Don’t become infatuated with the sexy go-go stocks of the day. Own some of them, yes, whether through an index fund or directly, but don’t ignore their boring cousins. It’s the ones who don’t make the most noise that could make you the most money.