Stock Trading Is Hazardous to Your Wealth

trading

Trading Is Hazardous to Your Wealth

This is a research paper entitled “Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” by the renowned academician Brad M. Barber and Terrance Odean.

The next time you click on the trade button on your broker’s website, remember that every trade is detrimental to your financial well being.  Trade only when you’ve a good reason to do so.

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