You can learn a lot if you read the financial headlines with the right perspective. It’s unfortunate that most provide misinformation designed to encourage trading, increase anxiety and otherwise foster bad investing behavior. There are some notable exceptions, but finding them can seem like looking for a needle in a haystack.
Burton Malkiel, the venerable author of A Random Walk Down Wall Street, provides sound advice. He tells investors to ignore the inevitable year-end predictions. Check out this gem: “I’ve never known anybody who can time the market. I’ve never known anybody who knows anybody who can consistently time the market.”
Read the rest of the article at The Huffington Post.