November 3, 2014
When it comes to money, why should you ignore most of what you hear coming from the television? Where should you go to get your education?
When it comes to money, why should you ignore most of what you hear coming from the television? Where should you go to get your education?
The reason you should avoid what you hear on tv is because they are just trying to get ratting or promote their own products, the financial media wants people to get all worked up and either buy or sell so they listen to them and give them the rattings that they want. While the other people on the news and media want you to put your money with them so they can manage it and make money off of you. The best place to keep your money is in Vanguard in No load index funds or in your retirement account at work inside no load index funds there, you need no one besides yourself to invest your money once you learn how to do it from teachers like John Bogal, Warren Buffet, or Mike Finley.
What the television is saying isn’t in your best interest and only has on what is interesting, not what is informal. You should get your financial education from booms written by actual financial experts.
*books
The Haag brothers continue to impress me! Let’s review.
Garrett explained the issue very well. Reread his comments. TV is for entertainment, not education. Follow Garrett’s and Brennan’s advice. Identify the independent sources like John Bogle, Burton Malkiel, Daniel Solin, Rick Ferri, Eric Tyson, and Jane Bryant Quinn. Pick up their books and start educating yourself. Financial freedom follows!