Popular Media Investing Advice--and Why You Should Avoid It

Popular Media Investing Advice--and Why You Should Avoid It

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This Element is an excerpt from Never Buy Another Stock Again: The Investing Portfolio That Will Preserve Your Wealth and Your Sanity (9780137071555) by David Gaffen. Available in print and digital formats. When the major financial media picks stocks, watch out and stay away! Herea€™s whya€b The fascination of stock picking wona€™t go away, no matter how much bear markets hammer the financially uneducated. It gets truly dangerous when a particular stock or sector or market attracts the media, which arrives long after smart investors did. Three professors wrote in the Financial Services Review that a€œprofessional analysts are successful with the momentum strategy but individual investors are nota€ba€It gets truly dangerous when a particular stock or sector or market attracts the fascination of the popular media, which does tend to arrive at a story far after smart investors have already made a lot of money. Momentum drives this: Stocks thatanbsp;...


Title:Popular Media Investing Advice--and Why You Should Avoid It
Author: David Gaffen
Publisher:Pearson Education - 2010-12-15
ISBN-13:

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