• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint

Action Plan

Increasing complexity, unsettled market conditions, and information overload have caused many investors to scale back their data-gathering in an attempt to clarify thinking and simplify investing approaches. While a worthy goal, this sometimes means that they end up relying too heavily on widely followed and easy-to-digest sources of information to keep in touch with the financial world at large. Unfortunately, as advertiser-sponsored mass-market news providers, in particular, appear to be boosting their emphasis on bite-sized reporting, bringing in more “spin” from a variety of vested interests, and leaning towards one-sided perspectives, listeners, readers, and viewers can be left at risk of not getting as full and accurate a picture of what is going on as is necessary to keep abreast of important developments.

One way to stay on top of your investments is to actively seek contrasts. Nowadays, this is a cinch, as the Internet is chock-a-block with sources promoting a wide range of different perspectives. Although it clearly makes sense to avoid being overwhelmed, multiple viewpoints can often churn up valuable insights, even if you wholeheartedly disagree with what is being reported or how the news is being covered. If you are conservative, explore the liberal media’s take on things. If you favor fundamental analysis, check out the views of the technical analysis crowd—sometimes the supply-and-demand picture as reflected in the “charts” is at odds with traditional financial measures. If you have always relied on mainstream news sources to stay informed, become a radical. See what the subversive operators lurking in the information underworld have to say—it might be a real eye-opener.


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint