Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Time to take the RED Pill - 28th May 24
US Economy Slowing Slipping into Recession, But Not There Yet - 28th May 24
Gold vs. Silver – Very Important Medium-term Signal - 28th May 24
Is Gold Price Heading to $2,275 - 2,280? - 28th May 24
Stocks Bull Market Smoking Gun - 25th May 24
Congress Moves against Totalitarian Central Bank Digital Currency Schemes - 25th May 24
Government Tinkering With Prices Is Like Hiding All of the Street Signs - 25th May 24
Gold Mid Tier Mining Stocks Fundamentals - 25th May 24
Why US Interest Rates are a Nothing Burger - 24th May 24
Big Banks Are Pressuring The Fed To Losen Protection For Depositors - 24th May 24
Another Bank Failure: How to Tell if Your Bank is At Risk - 24th May 24
AI Stocks Portfolio and Tesla - 23rd May 24
All That Glitters Isn't Gold: Silver Has Outperformed Gold During This Gold Bull Run - 23rd May 24
Gold and Silver Expose Stock Market’s Phony Gains - 23rd May 24
S&P 500 Cyclical Relative Performance: Stocks Nearing Fully Valued - 23rd May 24
Nvidia NVDA Stock Earnings Rumble After Hours - 22nd May 24
Stock Market Trend Forecasts for 2024 and 2025 - 21st May 24
Silver Price Forecast: Trumpeting the Jubilee | Sovereign Debt Defaults - 21st May 24
Bitcoin Bull Market Bubble MANIA Rug Pulls 2024! - 19th May 24
Important Economic And Geopolitical Questions And Their Answers! - 19th May 24
Pakistan UN Ambassador Grows Some Balls Accuses Israel of Being Like Nazi Germany - 19th May 24
Could We See $27,000 Gold? - 19th May 24
Gold Mining Stocks Fundamentals - 19th May 24
The Gold and Silver Ship Will Set Sail! - 19th May 24
Micro Strategy Bubble Mania - 10th May 24
Biden's Bureau of Labor Statistics is Cooking Jobs Reports - 10th May 24
Bitcoin Price Swings Analysis - 9th May 24
Could Chinese Gold Be the Straw That Breaks the Dollar's Back? - 9th May 24
The Federal Reserve Is Broke! - 9th May 24
The Elliott Wave Crash Course - 9th May 24
Psychologically Prepared for Bitcoin Bull Market Bubble MANIA Rug Pull Corrections 2024 - 8th May 24
Why You Should Pay Attention to This Time-Tested Stock Market Indicator Now - 8th May 24
Copper: The India Factor - 8th May 24
Gold 2008 and 2022 All Over Again? Stocks, USDX - 8th May 24
Holocaust Survivor States Israel is Like Nazi Germany, The Fourth Reich - 8th May 24
Fourth Reich Invades Rafah Concentration Camp To Kill Palestinian Children - 8th May 24

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

© 2005-2022 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