I try not to watch or read the financial media
You should follow my lead.
Here are some recent examples from just one day (March 9, 2019) on CNBC.com
Jim Cramer is discussing his “game plan.” He thinks the recent rebound is “something to celebrate.”
Yesterday’s news is meaningless to investors and has no predictive value.
I feel sorry for the hapless investors who rely on this nonsense.
Another pundit weighs in on the import of the recent jobs report.
Here’s my take: It means nothing.
Here’s my advice.
If you are a long-term investor, ignore short-term news.
If you’re a short-term investor (less than 5 years), you should have little or no holdings in stocks.
Whether you are a long or short-term investor, don’t rely on “gurus” who are anything but.
Heed this valuable advice from my personal hero, Jack Bogle: Nobody knows nothing.