People are on TV because they make good television, not because they make the best advice for you personally. That doesn't mean there aren't credible sources or you can't learn something. What I mean is that you have to understand your finances or the markets enough to know when something is or isn't relevant to you.
Here's an example from 2011
In this article US author/economist Harry Dent says that the Dow will crash to 3000 in 2013. Right now the Dow is at 14578.54 as of Thursday's close. That is a monumental crash greater than that of 2008. What I'm pointing out here is that he was on CNBC, but you shouldn't take him seriously because crazy claims should just be acknowledged as crazy claims
Conversely this next article has a crazy claim in the positive direction and should be treated as a crazy claim. By the way the book now sells for pennies on Amazon. Watch out for anything too positive or too negative.
Dow 36000
Conversely this next article has a crazy claim in the positive direction and should be treated as a crazy claim. By the way the book now sells for pennies on Amazon. Watch out for anything too positive or too negative.
Dow 36000
People who should be taken seriously are those that understand and explain that no one knows what will happen tomorrow or the next day, and they advocate for good financial plans that don't involve trying to time the market.
So turn off your TV. Investing is long term so don't let today's headlines ruin tomorrow's success.
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