I thought I would post this as in my day job I hear some catch phrases from clients who are not educated in invested that are totally misconceptions. The worst part is that many believe these and take them on face value. For example: Just buy a property and pay it off Property doubled every 7 years (note- any monkey could have made money during certain boom times, so I guess you only hear the "good" stories). One of my favourites: " I bought a property to pay less tax". Such as what the OTP developers sell you on.. - facepalm... I'm paying too much tax, should I sell a property? I regularly hear some of my larger business clients complain about thier tax bills when they are a 1 family business clearing over $1m a year plus wages.. Or some mindset type ones I hear; I don't know anything about houses or investing, my parents didn't teach me that stuff. Perpesctive is such a powerful thing.. Id like to hear other phrases you've heard during your journeys!