You are here

Handle these investing tips with care

Six pieces of financial advice that you shouldn't follow and why.

In the past two weeks, while the US stock indices were flirting with their respective new highs, US bonds were also doing exceptional well as the US 10-year government bond yield dropped from close to 3 per cent to barely 2 per cent.

Not all financial advice is created equal. Some tips are beneficial, while others could be damaging to your long-term financial well-being.

Below are six pieces of financial advice often dished out by well-meaning advisers that you should view with some scepticism:

1. Time...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to