The majority of the market news is not only useless, but also harmful to your financial health.
Not a single person in the world know what the market will do in short run. End of the story.
Most IPO will burn you. People with more information than you want to sell.
Most of what is taught about investing in university is theoretical nonsense. There are very few rich professors.
The phrase “double-rich recession” was mentioned 10.8 million times in 2010 and 2011, according to Google it never came. There was virtually no mention of “Financial collapse” in 2006 and 2007. It did come.
Markets go through at least one big pullback every year and one massive pullback every decade. Get used to it.
The more comfortable an investment feels, the more likely you are to be slaughtered.
Instead of trading penny stocks, just light your money on fire.
There will be 7 to 10 recessions over next 50 years. Don’t act surprised when they come.
What market do day to day is overwhelmingly driven by random chance. Ascribing explanations to short-term moves is trying to explain lottery number.
If you have credit card debt and are thinking about investing in anything, stop You will never beat 30% interest.
Thirty years ago, there was one hour of market TV per day. Today, there is upward of 18 hours. What change isn’t volume of news but volume of nonsense.
There is no accountability in financial pundit arena. People who have been wrong over years still draw crowds.