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THE PSYCHOLOGY OF MONEY - Commented Book
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The Price of Investing
The S&P 500 increased 119 fold in the 50 years ending 2018. The inability to recognize that investing has a price can tempt us to try to get something for nothing, writes David Frum. He says many investors form tricks and strategies to get the return without paying the price. They trade in and out, they attempt to sell before the next recession, he adds.
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