Title: 9 Bits of Conventional Wisdom You Should Ignore - CBS News
Headings: 9 Bits of Conventional Wisdom You Should Ignore
9 Bits of Conventional Wisdom You Should Ignore
Content: Investors find it hard to believe that ignoring the vast majority of investment noise might actually improve investment performance. The idea sounds too risky because it is so contrary to their accepted and reinforced actions." Photo courtesy of Adrian Pursur on Flickr. Next: You Get What You Pay For
You Get What You Pay For
The New Finance: " You get what you don't pay for." Something becomes conventional wisdom because it's often true in many arenas. However, that doesn't necessarily mean it has to be true of investing. In the case of investing, higher costs most often result in lower returns. In other words, with low-cost passive vehicles, you get what you don't pay for: