We're told a lot about money, investing and personal finance. There are plenty of strongly held beliefs out there.
But there are also lots of money myths that need to be challenged. These occur when we create a financial rule of thumb that doesn't apply equally as well to everyone.
In this episode, I'm running through 5 money myths that aren't always true.
My inspiration for this was an article in the FT last week from fund manager Terry Smith, titled Busting the myths of investment: Do equities outperform bonds?
There's also a roundup of the latest personal finance news, and the aftershow segment, with news of a new director at Informed Choice.
