Financial Media will not tell you this....

v Our advertisers pay us to provide “news” that enriches their bottom line at the expense of yours.

v Our “experts” are no more accurate in their predictions than the flip of a coin.

v It would be more accurate to call “predictions” by our experts “random guesses.”

v We don’t have a clue where the market is headed and neither does anyone else.

v When you trade, it’s likely an institution is on the other side.  We don’t like your chances.

v It makes no sense to buy individual stocks.

v Even if it did, we have no way to identify stocks likely to outperform in the future.

v Overweighting your portfolio in gold is dumb, no matter how frightened you are.

v If bouncing in and out of the market made sense, professional managers would not have such a terrible track record.

v You’d be better off not watching or reading us.

Source: Daniel Solin's newsletter