One of the potential pitfalls of reading about any activity is that the act of reading could potentially replace the much more important act of doing the activity. This is a concern that primarily crops up in the field of health and fitness—the act of regularly reading about dieting, lifting weights, and running could actually displace the act of dieting, lifting weights, and running because the fulfillment created by reading about something can actually occupy some of the mental space that would otherwise receive fulfillment by performing the act itself.
That concern could extend to finances as well—if you read about stocks and bonds all day, that could replace the act of actually generating the capital you need to make successful investments.
This brings me to one of the most important truths about investing: your savings rate is almost assuredly more important than the rate you earn on stocks.
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