False Belief: "The suspension spectrum map from spaces to (edit: symmetric) spectra preserves smash-products"
The facts that one denotes the smash product of spectra and the smash product of a space with a spectrum (levelwise) with the same $\wedge$ and tends to leave away the $\Sigma^\infty$ when one embeds a space into spectra are also not helpful in getting used to the harsh reality that the above is wrong.

