There is a huge variation in the quality of advice that investors are exposed to every day. If you can’t differentiate between good and bad information, it can cost you dearly. It may even mean the difference between retiring with dignity and running out of money in your golden years.
It’s sad that most of the investment counsel you see on television or read in financial publications fits squarely within the type that can be labeled “terrible advice to follow.” Most of it falls into these three broad categories:
Read the rest of the article at The Huffington Post.