In This Chapter
Sifting through financial magazines and newspapers
Surveying radio and television programs
Steering clear of most investment newsletters
All the news that's fit to print or broadcast — newspapers, magazines, newsletters, and radio and television programs inundate us with investing information and advice. In this chapter, I explain what to look for — and what to look out for — when you tune in to these media sources in the hopes of investing better.
Visit a newsstand, and you find many investing publications as well as general interest publications with investing columns. I've written investing articles for various magazines and newspapers. Some of the experiences have been enjoyable, others okay, and a few miserable. The best publications and editors I've written for take seriously their responsibility to provide quality information and advice to their readers.
In this section, I discuss the problems with magazine and newspaper investment articles.
Whenever the stock market suffers a sharp decline, many in the media bring out the gloom and doom. Front-page headlines such as "The Beginning of the End" torment investors about holding on to their stocks. An avalanche of such articles, like that seen in late 2002 and early 2003, often coincides with a bottoming stock market. When the stock and real estate markets slid in the late 2000s, ...