Wednesday, July 25, 2012

Stock Market Chatter Will Hurt Your Investments

As i have so often said, stop listening to all the chatter and noise about the stock market from so-called experts whose main goal is to be recognized as an expert by the media.

The latter are not  adept at recognizing financial experts. If you are lucky to win the sweepstakes you haven’t automatically become a guru.

So, aside from indecisive, short-term  day trading and enormously expensive advisers (see my past explanations), my suggestion is to forget all that chatter in print, on the smartphone, internet and airwaves. (See the Earl J. Weinreb NewsHole® comments.)

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