Most Popular
1. THE INFLATION MONSTER is Forecasting RECESSION - Nadeem_Walayat
2.Why APPLE Could CRASH the Stock Market! - Nadeem_Walayat
3.The Stocks Stealth BEAR Market - Nadeem_Walayat
4.Inflation, Commodities and Interest Rates : Paradigm Shifts in Macrotrends - Rambus_Chartology
5.Stock Market in the Eye of the Storm, Visualising AI Tech Stocks Buying Levels - Nadeem_Walayat
6.AI Tech Stocks Earnings BloodBath Buying Opportunity - Nadeem_Walayat
7.PPT HALTS STOCK MARKET CRASH ahead of Fed May Interest Rate Hike Meeting - Nadeem_Walayat
8.50 Small Cap Growth Stocks Analysis to CAPITALISE on the Stock Market Inflation -Nadeem_Walayat
9.WE HAVE NO CHOICE BUT TO INVEST IN STOCKS AND HOUSING MARKET - Nadeem_Walayat
10.Apple and Microsoft Nuts Are About to CRACK and Send Stock Market Sharply Lower - Nadeem_Walayat
Last 7 days
Why PEAK INFLATION is a RED HERRING! Prepare for a Decade Long Cost of Living Crisis - 9th Aug 22
FREETRADE Want to LEND My Shares to Short Sellers! - 8th Aug 22
Stock Market Unclosed Gap - 8th Aug 22
The End Game for Silver Shenanigans... - 8th Aug 22er
WARNING Corsair MP600 NVME2 M2 SSD Are Prone to Failure Can Prevent Systems From Booting - 8th Aug 22
Elliott Waves: Your "Rhyme & Reason" to Mainstream Stock Market Opinions - 6th Aug 22
COST OF LIVING CRISIS NIGHTMARE - Expect High INFLATION for whole of this DECADE! - 6th Aug 22
WHY PEAK INFLATION RED HERRING - 5th Aug 22
Recession Is Good for Gold, but a Crisis Would Be Even Better - 5th Aug 22
Stock Market Rallying On Slowly Thinning Air - 5th Aug 22
SILVER’S BAD BREAK - 5th Aug 22
Stock Market Trend Pattren 2022 Forecast Current State - 4th Aug 22
Should We Be Prepared For An Aggressive U.S. Fed In The Future? - 4th Aug 22
Will the S&P 500 Stock Market Index Go the Way of Meme Stocks? - 4th Aug 22
Stock Market Another Upswing Attempt - 4th Aug 22
What is our Real Economic and Financial Prognosis? - 4th Aug 22
The REAL Stocks Bear Market of 2022 - 3rd Aug 22
The ‘Wishful Thinking’ Fed Is Anything But ‘Neutral’ - 3rd Aug 22
Don’t Be Misled by Gold’s Recent Upswing - 3rd Aug 22
Aluminum, Copper, Zinc: The 3 Horsemen of the Upcoming "Econocalypse" - 31st July 22
Gold Stocks’ Rally Autumn 2022 - 31st July 22
US Fed Is Battling Excess Global Capital – Which Is Creating Inflation - 31st July 22
What it's like at a Stocks Bear Market Bottom - 29th July 22
How to lock in a Guaranteed 9.6% return from Uncle Sam With I Bonds - 29th July 22
All You Need to Know About the Increase in Building Insurance Premiums for Flats - 29th July 22
The Challenges on the Horizon for UK Landlords - 29th July 22
The Psychology of Investing in a Stocks Bear Market - 26th July 22
Claiming and Calculating The Research and Development Tax Credit - 26th July 22
Stock Market Bearish Test - 26th July 22
Social Media Tips and Writing an Effective Call to Action - 26th July 22
Has Rishi Sunak Succeeded in Buying His Way Into No 10 - Fake Tory Leadership Contest - 26th July 22
The Psychology of Investing in a Stocks Bear Market - 26th July 22
Claiming and Calculating The Research and Development Tax Credit - 26th July 22
Stock Market Bearish Test - 26th July 22
Social Media Tips and Writing an Effective Call to Action - 26th July 22
Has Rishi Sunak Succeeded in Buying His Way Into No 10 - Fake Tory Leadership Contest - 26th July 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Why Watching CNBC Could Destroy Your Portfolio

InvestorEducation / Learning to Invest Mar 02, 2009 - 12:41 AM GMT

By: Nadeem_Walayat

InvestorEducation

Best Financial Markets Analysis ArticleAugust 2007 - Dow Jones 13,000 - What did the CNBC Talking Heads Recommend Investors Should do ?


Ned Riley - Himself 75% Invested in Stocks, recommends investing into the Big Banks and a viewer nearing retirement should go to 90% invested in stocks. Believes US stocks will rise by 9 to 11% per annum for next 10 years. If you followed Ned's advice your portfolio has now been wiped out!

Vern Haden - Waffles on without saying anything other than investors should remain allocated as is.

Peter Schiff - Poor Peter, right on the economy and financial stocks but wrong on many of his other investments - Says the Dollar will collapse, interest rates will go sky high, and invest in foreign stock markets and commodities, as of writing only gold has shined from Peters picks.

Lessons

1. If you watch CNBC, then TURN OFF THE VOLUME. That single act will improve the chances of your portfolio surviving more than anything else.

2. EDUCATE YOURSELF - Investment managers skim a % off your funds invested with them, usually regardless of performance. Investors need to take responsibility for their investments, if they cannot then leave them in cash deposits.

By Nadeem Walayat
http://www.marketoracle.co.uk

Copyright © 2005-09 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 20 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis specialises on the housing market and interest rates. Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication. We present in-depth analysis from over 250 experienced analysts on a range of views of the probable direction of the financial markets. Thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Attention Editors and Publishers! - You have permission to republish THIS article. Republished articles must include attribution to the author and links back to the http://www.marketoracle.co.uk . Please send an email to republish@marketoracle.co.uk, to include a link to the published article.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

TraderJoe
02 Mar 09, 16:58
Ned Riley Wrong As Usual

Back on September 23rd 2008 he was at it again. He is clearly a perma bull who does not have a cliue what he is talking about.

http://in.truveo.com/Market-analysis-with-Ned-Riley/id/288230388004924459

After the volatility of 2008 he is recommending investors stay invested for the long-run, long-term opportunities.

Its a wonder that he has any clients left.


D.morneyfat
05 Mar 09, 09:01
CNBC broker comment

How do these PHuckas get away with it.I've had literally hundreds of broker firms cold calling me.I've learned to use the "f" word.


thowze
05 Mar 09, 18:38
Sage Piece of Advice

These talking bobbleheads only do what their corporate sponsors tell them to do, which 99.99% of the time is not in the best interest of the investing public. For anyone learning to invest, this article is good advice!


GolfGuy69
06 Mar 09, 05:47
How To Make Money

Whatever these CNBC Bozo's tell you do the opposite, your portfolio will be fine.

They tell you to buy a particular stock - SELL It Short

They tell you to sell a particular stock - BUY

This investment stuff is easy!


Mike S
08 Mar 09, 10:16
CNBC

You were entirely too kind to CNBC, given how horrendous that shill network is. If you watch You Will lose money. You were especially too kind to Cramer. I'm sure you recall Cramer told people to stay in BSC and LEH just a few days before they went belly up. BTW, I don't watch CNBC. I only know from researching archives for a book that will blast the media.

http://www.youtube.com/watch?v=gUkbdjetlY8

http://www.youtube.com/watch?v=bc8u8tX2jzI&feature=related

Or how about Kudlow and his idiots??


delatex
08 Mar 09, 22:55
CNBC's biggest JOKER.
I think you missed the biggest joker of them all, Mr. Larry (never gets it right) Kudlow.
A year ago, when the economy and market were clearly in trouble, he was singing his Goldilocks song, with the Goldilocks figure dancing across the bottom of the screen. Six months ago when the economy and market were crashing, he was stating that "they gave a recession and no one came". Now, when a number less negative than a so called expert guessed, he jumps up and down shouting, "MUSTARD SEED". Yes, he knows the lingo and he has memorized some economic equations and relationships, but he just doesn't know how to interpret the data, and of course, everything he says is biased by his overwhelming republicanism.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in