Kill The Noise!

About 3 months ago, I made a decision to stop watching CNBC and Bloomberg Financial News.  At the time – stock market junkie that I am – those were the only two channels I watched.

As it stands now the only show I watch on cable is “Silicon Valley“.

“Why did a stock market junkie stop watching the financial news?” you ask?

I stopped watching because I wanted to kill the noise you hear from the many pundits that appear on those networks.  The number of irresponsible comments and recommendations made by various guests on these programs started to make me sick.

One guy, whose name I can’t remember, actually told investors to get out of the market and try and get back in after the market moves lower.  That piece of advice is outright scary!  Listen…if anyone out there is capable of successfully timing the market, please let me know, so I can quit my job and help you raise as much money as possible!

This week has not been a great week for stocks…but I barely even noticed.

It’s not because I’m not paying attention.  I watch the market every day.

It is because I am not exposed to the sensationalism that ensues whenever the market moves lower.

My emotions are calmer, and the only thing I wish during this downturn is that I had more money to put to work.

One of the best things I ever did to become a better investor is to stop watching TV and kill the noise!

Until next time…

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

 

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Did you get started yet?

costs

So…we are approaching the halfway mark in 2018.

After a bumpy start to the year, stocks have recovered, and prices are near all-time highs.

My question to you is: have you gotten started?  Have you opened your first account and bought your first stock?

If you have…congratulations!

If you haven’t…what are you waiting for???

If you’re trying to time the market…well, that’s impossible.

If you feel money is the issue, find something you can cut back on.  Or figure out a way to earn more.  There is always a way.

You may be missing out on the greatest wealth-building opportunity of your lifetime if you don’t get into the stock market.

I have a friend that, two years ago, didn’t know a thing about stocks or investments. She grew up believing that investing was for other people, namely rich people. She was programmed to think investing was like going to Vegas.

It didn’t take long for me to convince her that nothing could be furthest from the truth!

I taught her the ABCs of investing, and now she’s a full-fledged investor.  She doesn’t earn a lot of money at all.  But she’s made the sacrifices she needed to make in order to start creating wealth.

I would very, very much welcome your comments on this post.  If you started investing in a similar way to the lady I described above, I’d love it if you shared your story here.  If you haven’t started, talk about what’s keeping you from doing so.  I would love to hear from readers and get a conversation going!

To your wealth…

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)