Editor's note: This is part three of a four-part series exploring financial fact vs fiction. Each article examines five of the top 20 most common financial myths — from investments to retirement and Social Security to life insurance. Parts one and two — This Roth Conversion Myth Could Cost You and Why Your 'Magic Number' Isn't Actually Magical — covered the first 10.
Have you ever heard one of your relatives or friends opine about their favorite investment or way to reduce income taxes and wonder to yourself: "Is this really true?"
