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Larry Swedroe: Hazards Of Individual Stocks

FYI: In a recent article that highlighted the perils of owning individual stocks, I offered the historical evidence demonstrating how only a small percentage of stocks have accounted for all the gains provided by the market—with the vast majority earning a big, fat zero in aggregate cumulative returns, even before considering the impact of inflation or taxes.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-hazards-individual-stocks?nopaging=1

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