Quote:
Originally Posted by sebtarta
Greg where do you read most of your information? I usually look at the news ticker next to the stock on google, but sometimes it takes you to these sites that make you question how true to their word they are.
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I pay for a lot of the information I read... and I have multiple investment accounts at various institutions. As such - I have direct contact with people at those institutions. So the answer is -- I have a bunch of different ways I get
info.
Here's something that I get to do that most wouldn't have available to them. Let's say I'm having lunch with one "banker"... and he's telling me about blah blah blah. I shake my head and listen etc. But when I get in the car - I'm on the phone to my other guy... and I'll say "Hey... I was thinking about blah blah blah...." And I'll get another perspective.
The problem with "news" is that it's just that. News. It can be very factual - and it could leave out some pertinent facts. Example. The news headline reads "Obama raises tax rate on dividends to 39.6%"..... Catchy - factual.. but missing some serious details... like the fact that you'd have to have 400+ grand in adjusted income in order for that to take affect. So I never trust one source. Keep digging and see if there's something more you should know. The initial information should only whet your appetite.
By the way --- I have little or no life.... and I've been doing this stuff for 30 years... "Investing" funds everything else I do in life - so it's job one.