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News..

'News' is nothing more than noise. The less one is exposed to it the better life around looks.   From an investing stand point, the more we expose ourselves to 'News', the higher the chances of making investing mistakes and blunders. News thrives on negativity ; negative images; negative stories; negative words.  The 'News' anchor invariably makes one believe that equity investing is suicidal because markets are a curse upon us. Unfortunately people spend a lot of time "listening" to 'News' and in a sense "News" has become the source of education. Therefore, I always say that people are not "uneducated in personal finance". They are in fact "wrongly educated". Therefore, for Financial Advisors the challenges are two fold.  First we have to make investors 'unlearn' and then we have to make them 'learn'. A lot of 'trash' accumulated over the years has to be ...

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