Thread: Investing 102
View Single Post
  #6083  
Old 08-09-2018, 12:00 PM
rustomatic rustomatic is offline
Senior Member
 
Join Date: Apr 2014
Location: ATL
Posts: 746
Thanks: 11
Thanked 57 Times in 35 Posts
Default

Mike, Jim Cramer was banned from trading (stocks) years ago. He had a hedge fund and did . . . typical hedge fund things, but got caught; he is an entertaining and knowledgeable guy (TV personality!), but he's telling you (literally) yesterday's news. Sites like Motley Fool are paid to pump stocks (by writing crap that makes them sound appealing), which leads to buying in the midst of a (sometimes institutional/insider) dump. CNBC is designed to sell advertising, itself, and services, like all TV.

With easy "information," you get what you pay for, which is nothing. Read Benjamin Graham, maybe some George Soros, and use the education features that come with trading accounts you can get through companies like TD Ameritrade (or others) for free. Try a book like Trading (or Investing) For Dummies--it sounds offensive, but the information tends to be pretty good. Most books you'll find at Barnes and Noble on investing, however, tend to be junk. There's some decent content on YouTube . . .

Quote:
Originally Posted by glassman View Post
Who do you all read/watch for business/trading news

Morningstar?
Motley Fool?(fee based i believe)
CNBC?
Bloomberg?
Seeking Alpha?
Cramer? (Mad Money)

suggestions? experiences with reliability....

Last edited by rustomatic; 08-09-2018 at 12:02 PM.
Reply With Quote
The Following User Says Thank You to rustomatic For This Useful Post:
glassman (08-10-2018)