MARVEL WEALTH

Investors are more financially savvy today. However, some misplaced beliefs remain Planning your finances can be akin to negotiating a minefield, of money myths. Over the years, we have systematically busted one myth at a time to make the life of you, the investor, easier. However, the rot of misinformation runs so deep that even some personal finance professionals spout fallacies without realising how wrong they are. This week, we tackle seven misconceptions about money that

The best way is to be organised and prepare well for events and eventualities ‘I’ll lose all my money in the market’ This is probably the most common financial fear, especially among the new, inexperienced or financially illiterate investors. It is also true of someone who has suffered significant losses in the market turbulence earlier. How to deal with it: The best option is to not invest directly through stocks, but via mutual funds. If you do want to trade in shares, do n