Spicer Capital's Blog - Unafraid to Challenge the Traditional Paradigms

Even Decades, Centuries, or Millennia of Convincing Data Could Leave You Dead Wrong! [Infographic]

There is no reason to believe the stock market must ALWAYS go up - even millennia of data can prove dead wrong!

Last week, I warned of the dangers of blindly following the data-backed recommendations of today's financial advisors and pundits. That article concluded with this thought:

Challenging the comfort of the traditional investment paradigm can be depressing and stressful, but it can also put you on a path of lifelong prosperity - come what may.

It can be upsetting to see how quickly we forget this reality: trends change and history is made. It has been fascinating to study times in history when decades, centuries, and even millennia of convincing data have supported hypotheses that turned out to be absolutely incorrect. With that theme in mind, I created this infographic including some of the most interesting and compelling examples from the history of the world.

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Sometimes Even Decades of Convincing Data Isn’t Enough to Forever Predict the Future

Just Because the Stock Market Has Trended Up for the Last Century, that Doesn't Mean It Always Has To...

Mark Twain popularized the phrase, “There are three kinds of lies: lies, damn lies, and statistics.”

Assertions supported by compelling statistics derived from historically exact numbers often appear infallible.

Sometimes, a statistical hypothesis - even one backed by decades or centuries of cogent data - proves dead wrong. Often, in such scenarios, people previously comforted by its sound logic are astonished and devastated.

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3 Things to Understand About What Motivates Your Rep

How does your financial rep stack up? 3 things you need to know.

Last week, I shared an infographic cautioning unsuspecting investors and savers on the risks of working with a commission-based financial representative. I offered three questions to ask your financial representative – and, more importantly, to ask yourself.

Today, I want to give you further insight into the nature of this industry, so you can be fully prepared to ask some tough questions when interviewing potential reps.

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[Infographic] How to Survive an Encounter with a Commission-based Financial Representative

Survive Your Encounter with a Commissioned Rep!

(Just here for the infographic? Click here to jump to the bottom!)

You may recall advice occasionally given for bear encounters: play dead.

This works surprisingly well for financial representatives, too.

In my years as a commission-based financial planner, it was the most efficient way to get rid of me.

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