Admitting our faults can be difficult at times, as we may feel that we lose our status when we acknowledge the truth. However, considering ourselves as the ultimate destination of knowledge can lead to arrogance and rudeness. Although admitting our flaws may result in a loss of status, it is essential to avoid being drained by our imagination, which can keep the graph of our status down. We can actually benefit from acknowledging our flaws, but many people find it hard to admit them.
Expecting return a way more than the index average can be of greed influence. Index do gives a handsome return that sometimes even surpasses majority of the stock performance. But it is also true that index may stands still for some years. Yet in the very long it is way better than FDs.
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