Replies to post #3168 on Profunds index and sector trading (PRO)

[Tom K]

That's a shame, because the public has been fed a bunch of lies about investing for years.

- Diversification is the only way to minimize risk
- Market timing doesn't work
- Technical analysis is voodoo
- Dollar cost averaging & buy and hold is a sure bet
- Mutual Fund managers can pick stocks
- $24 commissions per trade are reasonable
- Trust us, our analysts know what they're doing
- Shorting stocks is unAmerican and risky