—You have to put your money at risk in order to make a decent return.
—Your broker only makes money when you do.
—Maintaining a stock portfolio is very inexpensive.
Not true to all three, she said.
“The more you believe the myths, the more of a struggle your retirement will be,” said Miller, author of the book “PREtirement Planning Essential.”
The truth, according to her:
—“You can make money with safer investments.”
—“They actually make their money by managing your money.”
—“Hidden fees may be slowly draining your account.” —Gazette staff
This article appears in Jun 8-14, 2011.