7 Common Investing Myths, Debunked

The "conventional wisdom" is sometimes anything but. Financial experts dissect seven frequently touted lines of bad advice.

investing myths
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If there's one thing the financial world will never run short on, it's suggestions. No matter where you turn in this industry, you'll find all the investing advice you could ever want.

Unfortunately, you're bound to run into investing myths, too.

You don't have to read Kiplinger or turn on CNBC to find your fair share of investment advice. Whether you turn on your local news or log into your favorite social media app, you're bound to find someone trying to share a little money wisdom.

The problem: It's not always easy to tell what's true and what's false. Sometimes it's especially difficult because some wisdom has been parroted so often that it seems true – even if it's based on misinformation or misperceptions.

To help you sort the noise from the truth, here are seven common investing myths that financial experts want to dispel. You've likely heard them before and might even believe them yourself, but the pros are here to tell you: Believe them no more.

Coryanne Hicks
Contributing Writer, Kiplinger.com

Coryanne Hicks is an investing and personal finance journalist specializing in women and millennial investors. Previously, she was a fully licensed financial professional at Fidelity Investments where she helped clients make more informed financial decisions every day. She has ghostwritten financial guidebooks for industry professionals and even a personal memoir. She is passionate about improving financial literacy and believes a little education can go a long way. You can connect with her on Twitter, Instagram or her website, CoryanneHicks.com.