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A fickle stock market encourages good-humored mockery.
Recently, as I watched the premiere of a sitcom, an obvious omission breached television etiquette. Silence followed every exaggerated comedic set-up. There was no laugh track. Where were the premeditated giggles from the shows "audience" At last, the viewer determines the funny moment.
It then occurred to me, the writers of this new show adopted an aspect used by investment news programs.
I will be the first to admit, in addition to the miscellaneous printed and electronic financial information, the television provides an abundance of supplemental financial news. However, the shows often leave me asking, "Whats missing" In addition, the shows may very well leave viewers with the ultimate responsibility, which segment is entertainment and which is practical advice.
Perhaps you may recognize one of the canned statements below that investment show gurus continuously utter. Although each may be applicable and in may cases vital to successful financial planning, notice the missing "laugh tracks."
How many times have you heard "Invest For the Long Term" The analyst may be leaving out "because I hope you forget my last appearance and the short term disaster I have caused for the viewers who actually acted on my recommendation." Each investors long-term outlook is somewhat different for the others and you should always review the guests recommendations with caution. What is his or her reasoning for such revelation
"Buy and Hold." The missing part: "because I have no idea of an exit strategy to recommend." True enough, the more successful investors are those who invest according to a well-planned strategy and stick to it. They generally hold onto their winners. There are, however, times that will dictate an exit strategy.
Finally, theres "Use Asset Allocation." The missing part: "because I cannot tell you which asset historically does better in this particular market environment." There are many ways to accomplish diversification in your portfolio and it does not always have to revolve around the division of stocks, bonds, and cash. Depending on your particular objectives, time horizons, and risks, an appropriate allocation may be derived from the use of just one type of asset. Either way, there are no guarantees when you place your money in the stock market and it is best to remind yourself of the risks of each investment. Try including real estate, collectibles and insurance products in your general financial plan.
We can all watch the appearance investment gurus make on financial shows. Perhaps we can include light-hearted follow-up statements as if we were watching a Rocky Horror film. We often enjoy the amusement provided by television personalities, however, it is important to review your investments regularly. Always examine your motive behind each buy and sell.
In actuality, your financial future is no laughing matter and should be guided with thorough commentary. Television shows come and go; your finances may one day be a legacy.
Its The Same Deal For Both Search Engines And Real Estate
Its all about location, location, location!
The Search Engine Showdown
If youre anything like me, you have a favourite search engine and youre loyal to it. You never use any others which made this research difficult for yours truly, insist yours is the be-all and end-all and you even go so far as to deny any shortcomings it may have. But is your search engine truly the best Inspired by a great article at the BBC News BBC News: Search Wars, we decided to compare the major search engines. Heres what we found.
Apartment Searches: Lose the Rose-Colored Glasses First
If youre getting ready to rent, dont do what this editor did once ... a long, long time ago.
How To Realistically Set Your Fees - Part 4
Effect Of Bad Debts
How to Sell Your E-book - or other information product - Through Quickie Seminars
Ive been selling my own self-published information products mainly e-books online for the past 3 years. Is it profitable Definitely.
What is the Difference Between a Power Of Attorney and a Guardianship Which is Appropriate for Someone With Alzheimerís
A power of attorney is a legal document in which one person the principal authorizes another the agent to act on his/her behalf. Financial powers of attorney allow your agent to make decisions regarding your property. Healthcare powers of attorney allow your agent to make decisions regarding your health care needs.
Is it time to stop filling your Landlordís Wallet
Is it time to stop filling your Landlordís Wallet
Can I Have Your Autograph
Being a celebrity means dealing with fan demands for autographs, ranging from polite and appropriate to rude and overbearing. One time Katherine Hepburn was performing on Broadway and tried to exit backstage through a crowd of jostling autograph hounds. Bodyguards helped her to her limo and once safely inside the very private star rolled down the window and shouted," Run em down! Well clean up the blood later!" The crowd scattered and the limousine sped away, pausing long enough for Hepburn to roll down the window and wave goodbye to her fans, accompanied by an evil laugh. Strangely enough, when she lived in Beverly Hills the seclusion loving Hepburn developed the habit of sneaking into her neighbors houses as a hobby. She became expert at climbing trees, avoiding alarms and dogs, and revealing herself just before her nervous neighbors called the police.
"Pretend Interest" and Apathy... What To Do About Them!
According to Merriam-Websters dictionary "apathy is defined as the following: lack of emotion; lack of interest; indifference".
The Myth of Search Engine Submission
Contrary to what most people think, it is not necessary to submit your site to the search engines. In the early days of the web, when search engine technology was still primitive and search engines ability to crawl the web was somehow limited, it made sense to submit your site.
Get Your Money For Nothing
Youve probably heard them all. You know, the "make $1,000 while you sleep without doing a lick of work" BS pitches. Well, let me tell you, it doesnt happen that way.
Tips on Getting Your Mortgage Loan Approved
What is important to lenders
How To Realistically Set Your Fees - Part 5
How To Raise Your Fees
Power Packed Linking Strategies - Part Three
This is the third in a series of three articles showing you how to find a suitable linking strategy for your website and put it to work for you.
How To Make Easy Money on the Internet -- But This Time Its Actually TRUE!
Easing Your Way Into Homeownership: How Your Real Estate Agent Can Help You Qualify For A Low Down Payment Mortgage
For many renters, the first step in buying a home is becoming educated about the process.If youíre like many people considering a home purchase, youíve spent nights and weekends poring over your local real estate section.Youíve talked to friends and relatives about their experiences.Maybe youíve even purchased a book or tow to help you become more familiar with real estate terminology and the various types of mortgages commonly used today.
Flat Fee MLS Listings - Is this the future of real estate
Realtors are all a buzz about this new form of listing houses on the MLS multiple listing service. Some feel it creates more work for the buyers agent, while others see this as a way to tap into the For Sale By Owner market.
Credit Repair Companies and Credit Counseling
Lets be crystal clear, right up front. Paying someone to "fix" your credit is a waste of your time and money, since the negative issues that are temporarily removed from your file will only reappear again in a couple of months.
How Most Millionaires get to be MillionairesÖ
Why do so many people claim that money isnít important Why is there this notion that wanting money somehow makes you an ill adjusted bad human being Itís such a strange thought pattern donít you think
Learn To Save Hard Cash This Festive Season
Time was when shopping was a painful experience, a chore to be lived with. Cash Back schemes have now brought the fun back into shopping. One can now shop online and purchase all that you need without even leaving home. Whatís more, these online purchases also pay you back a certain amount on your purchases. Online purchase stores are now offering its customers up to 40% Cash Back on every purchase made. For shoppers, who do not like to venture out for their shopping and make all their purchases from online stores, these Cash Back rebate programmes actually pay them back for just the pains you are taking to go online.
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