Never make an investment decision based off of something you’ve heard on CNBC. CNBC is a network is composed largely of shills for the consumer financial services industry, and entertainment providers. One of my favorite analysts refers to them as the “Don’t Worry, Be Happy” crowd.
The agenda of CNBC is driven by their advertisers, which are largely composed of full-service and discount brokerages, banks, and mutual fund companies, all of which make money based on selling consumers their financial products and services.
If you are going to listen to analysts, you need to find the few individuals in the field who have credibility. This is not an easy task, and can only happen by reading as much as you can, and separating the wheat from the chaff. It took me 5-7 years to find an analyst I had complete faith in.
By critically analyzing what you read, and comparing it to market performance over time, you will gain a greater understanding of the stock market, and be able to come up with some of your own investment ideas.
CNBC: ‘Anyone Who Owns A Suit Can Come On Television’ (The Onion)
I am looking for a book or anything like I can teach-me how to understand the stock market chart or screen……..
For a time-tested basic overview, try The Intelligent Investor: The Definitive Book on Value Investing.
Very worthy article this is true that stocks are worthy to be held over long periods of time……..
For the first time in my life i got some spare money. So any advice on how the stockmarket works is nice. Thanks for the article
Harry
Its really worthy. Nice article.
Amazing! Thanks a lot! I always needed to write in my site something like that.
I love this
Correct, CNBC is a fraud !
I totally agree with you and same thing apply with forex trading, I was doing fine till I was tempted to subscribe to CNBC and trade on it’s news. I lost a lot of trades and I will not renew my subscription
Just wondering if any active traders are starting to trade the ETFs? After reading the book by Larry Connors – High Probability ETF Trading – I switched and I would say overall my results have improved but there are fewer trading opportunities because of the small number of ETFs he writes about. ETFs seem to be a little less erratic in their price movement so that’s good but some of them have poor results using the systems he describes in the book.
Yes. i totally agreed with this
lol, cool logo !
Nice blog. Lot of useful information. Thanks for the share.
Hey Great Article, I am A complete newbie. I found your article extremely helpful. Very interesting So much to learn.
We should aware of present stock market fluctuations for leading a good business.
Thanks for the information you imparted, as I am not completely aware of this. It will be very valuable to people us you who are tempted to engage with CNBC.
Very well said. You know your way around the market I feel.
Stock market is very difficult to understand and to learn. We needed the resources that we need to know around the stock market. They say you’ll earn more than what you’ve expected. You’ve shared this as an additional knowledge to us. I’ll take note of this.
I certainly love your article because it shares ideas about stock market. It is indeed true, that don’t listen to talking heads because it will only lead you complicated things.
I agree it’s not worth the subscription fees, and will not do you any better