Investment professional Marguerite Cassandra Toroian has worked in money management for close to 25 years. Recognized by Delaware Magazine as a Five Star Wealth Manager for six years, Marguerite Cassandra Toroian is a published author of the book, “Don’t Buy the Bull.”
In “Don’t Buy the Bull,” the author seeks to dispel some of the bad investment and money advice many Americans have been fed with. In the years going back before the 2008 financial crisis, the foundations of many economic and financial theories were shaken leaving people who depended plenty on them in a bad financial state. Some of these theories were about investing (“We are in for a long slow recovery,” “Now is the time to buy low and hold for decades,” and “Mutual funds always make more sense than individual stocks”), others were about debt (“All debt is bad” and “Never lease a car”), while others were about life and money decisions (“Cosigning a loan is okay to help someone out” and “Never marry anyone who insists on a prenup”).
Times have changed but many people still peddle these myths as unassailable facts. If Americans continue listening to and following those same myths, they will end up in a similar position to the people before them, or maybe even worse. Americans need to stop “buying the bull” and adopt new beliefs that will steer them to financial prosperity. “Don’t Buy the Bull” gives them the tools to do just that.