Title: Why You Should Ignore Stock Recommendations from "Experts" (Free Money Finance)
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March 03, 2011
Why You Should Ignore Stock Recommendations from "Experts"
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Content: Final Advice from a Dying Investor
The Beauty of Index Funds
Focus on What You CAN Influence When Investing
Posted in Investing 2011+ | Permalink
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You can follow this conversation by subscribing to the comment feed for this post. I could not agree more. Even the 'experts' have their own vested interests, and I don't trust their opinions at all. Posted by: Everyday Tips | March 03, 2011 at 09:28 AM
I think you can listen to experts for their knowledge, but always do your own research and make your own decisions. For example, my husband loves the fact that Jim Cramer goes over details that my husband didn't know, but he'd never just rush out and buy Cramer's stock picks. Isn't the old presidential saying "Trust but Verify"? ;-) Posted by: Crystal @ BFS | March 03, 2011 at 09:31 AM
I still read KIPLINGERS on occasion but they took a huge respectability hit with me for their value investing column that was written by a couple of hedge fund managers who seemed to enthusiastically push Borders stock every single month. Turns out those same hedge fund managers had a large financial stake in Borders.