Tuesday, August 9, 2011

Turn Down Financial Media Noise

One of the problems with constant TV chatter is looping stock market reports. Salesmen selling financial ads make matters worse.

One of my investment rules is to avoid what I call media noise. Once you have an investment strategy in place, and you are set in that strategy, why let incessant media chatter and nonsense dissuade you from your original goals?

It becomes almost impossible to be disciplined when you have both ad salesmen and an avalanche of “experts” of all stripes and objectives throwing investing ideas at you all the time. ( See the Earl J. Weinreb NewsHole® comments.)

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