Saturday, January 18, 2014

Getting a Financial Education From Media Headlines



Investors get most of their financial and business education from the media, especially brief bytes and headlines.

Schools don’t provide  adequate information for students to comprehend economics and finance. As a result, the public cannot evaluate the ads, nor headlines that apply to finance and business topics, or to get meaningful explanations from inept media sources.

They therefore get biased, one-sided opinions without any contrasting arguments or alternatives.

Brokers and advisers cited in the media frequently promote a particular point of view. The media often poorly screens content.

Remember also, the importance of investor age, family status, personal psychology, finances and risk status, have lots to do with investment choice, Media slants often neglect them. So stay alert to basics and avoid tips from questionable sources. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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