Most Financial TV Is Worthless Noise

February 16, 2019
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I have been pounding this drum for some time, along with the adage of you get what you pay for.

Here are highlights from a recent article from TEBI – an Australian News Service:

Mostly those daily reports were about as useful for investors as what yesterday’s weather was for deciding whether to carry an umbrella tomorrow.

The damage of constant loud noise is that it can scare inexperienced investors. It makes the stock market seem a much more frightening place than it really is. It also can make the more conservative end of the market appear as risky as the speculative end, leading novices to gamble rather than invest.

Media outlets are businesses, and they need a steady stream of stories and chatter to fill their air time and column inches. As I wrote the other day, sensible investing is really very dull, and if you’re constantly telling people what they actually need to hear, you risk losing your readers or viewers.

Stay Tuned, Disciplined & Patient! {TJM}

The Investor & Character Equation (ICE) | S + R = O

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