Why investors — and advisers — need to question myths about their performance
Wade D. Pfau
The advice investors get from financial advisers is heavily burdened by mythology. That mythology includes many unproven, and unprovable, claims, among them that such strategies as portfolio rebalancing, harvesting tax losses, and dollar-cost averaging can appreciably increase wealth accumulation without risk.
Edesses, Michael, "Why investors — and advisers — need to question myths about their performance" (2017). In the News. 2453.