Tomthumb16 wrote: ↑Fri Feb 28, 2020 3:57 am
N00bster wrote: ↑Fri Feb 28, 2020 3:31 am
deepdishj wrote: ↑Fri Feb 28, 2020 2:26 am
Seeking Alpha has a lot of good content.
It also has a lot of garbage, so beware.
Noted. Where would you recommend?
Thanks.
I'd recommend not reading news as much as possible, but rather financial litterature, some of which has been listed on
the site or this forum. If you have to read one, it should in my opinion be
If You Can, which also has the good taste of being freely available.
Not reading news is mostly motivated by my strategy of just buying the same index funds on a regular basis (along with the extra buy when there is a significant dip, like now), but the real problem with financial news (and news in general nowadays) is that they are exclusively incentivized by the number of views and ads prints they will get. Which means they don't have to base their writing on solid facts, or even try to give valuable advice, as long as they managed to catch your attention for long enough.
On a crowdfunded platform like Seeking Alpha, you also have another problem which is that virtually anyone can start publishing without any worthy credential and influence the readers in the way they want.
In other words, their interests are not aligned with yours, which is why I think trusting their advice would be foolish.
This is not to say there are not a few good authors there, but before starting to follow one, make sure to check the track record of their older articles before picking the stocks they suggest.
I know this does not answer your question, but more often than not picking individual stocks is a game you will lose (and I say that having tried). This year my NISA will very likely be 100% of one index fund, eMAXIS Slim 全世界株式(オール・カントリー) to be precise. It covers the whole world and will provide market-average returns.
