Dangerous Knowledge

When I browse the financial media, it makes me extremely grateful for my experience in the investment industry. It helps me to separate the good information from the bad.

Here is a particularly dangerous article, masquerading as solid wisdom. Without a lot more experience and knowledge it would be easy to read an article like this and take it to be truth.

http://finance.yahoo.com/news/cramer-many-stocks-too-many-222302476.html

The article basically says to hold about 10 “quality” ...

More →
0

More on Less Americans with Stock

The fact that fewer people own stock is not a bad thing, at all — because, in my mind, most individual investors are too heavily weighted in stock. This causes a lot of stress and financial difficulty and, unfortunately, is one of the easiest investing mistakes to make.

Investing is relatively simple, but without competent professional help most families will start making mistakes, often subconsciously. A few seemingly small errors often add up to a serious drag on ...

More →
0

The Mythical Investment Nebula!

Should a lot of Americans own stock?  The New York Times and, more amusingly, Gawker have written about a recent Gallup survey that found the percentage of Americans owning stocks, in one form or another, is declining. The articles are a bit unclear about exactly what this means, but in the journalists’ opinion, one thing is for sure – more Americans have missed out on the ...

More →
0
Page 6 of 6 «...23456