How do these people have jobs?

S

smacdtrader

if i have to watch one more jackass explain their unique perspective on why to buy Apple or Nvidia, I am going to throw a chair through a window. how the hell do these jerkoffs have a job. it's insane.

literally every single bleeping person in the media says to buy the same 10 bleeping stocks and they are all like in the DOW or top 10th of S&P and they all act like they are giving some special advice, like i think they believe what they are saying. it drives me nuts!
 
You'll eventually reach the same action step that I did. Just turn it all off and never look back.

I went out of town last week and after I got settled in my hotel room, I said to myself, "Let me turn CNBC on for a change and see what's going on." Now keep in mind I haven't watched that channel in at least 6 or 7 years.

After 30 minutes of it, I turned it off. It was just the same old people that were rambling on about those same 10 stocks you are talking about, or they were talking about the one topic they can never shut up about... ---> "The Fed's next move".
 
Oh gosh, don't get me started on the Fed!

I'm probably a minority, here especially, that I think the Fed is pretty fine and basically does the job that they are hired to do. But the way people trade Fed news like that's relevant to a strategy just blows my mind.

ok, I won't go there.

You're right, turn it off instead of sit at a desk with a big screen TV literally 16 inches from my face. Got it.o_O
 
smacdtrader said:
if i have to watch one more jackass explain their unique perspective on why to buy Apple or Nvidia, I am going to throw a chair through a window. how the hell do these jerkoffs have a job. it's insane.

literally every single bleeping person in the media says to buy the same 10 bleeping stocks and they are all like in the DOW or top 10th of S&P and they all act like they are giving some special advice, like i think they believe what they are saying. it drives me nuts!
More...

If you've been taking "investment advice" about those 10 bleeping stocks back in the early 2000s about Apple or Nvidia...

You'll be calling those TV analysts geniuses and you'll possibly be retiring soon or already retired with a nice fat investment retirement fund.​

Bloomberg, CNBC, or any other globally known TV financial market analysis news source has been recommending those types of stocks since the birth of those stocks.

From my perspective, timing is everything. We all hear about something as an investment at different points in our lives and it then impacts our views about when to invest in the stock.

My mom invested about 500K in 5 different stocks near their highs in 2000 (e.g. MSFT) all because of investment advice from those who knew more about long-term investments than she did. Her advisors and those analysts on TV are all now retired, a few are dead...

Timing is everything especially when you begin hearing about those stocks and how long time elapsed before you took action if any. Today, she still own those stocks as part of her investment portfolio.

wrbtrader
 
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my point is, aren't they just keeping up with the "market", like is there really any alpha in that, and then why not just say, "pick these because they're in the top 10th SP" or "it's been working for 30 years". why give me some song and dance like you know why Apple is going to work out the next 10 years, cause you don't.
 
smacdtrader said:
my point is, aren't they just keeping up with the "market", like is there really any alpha in that, and then why not just say, "pick these because they're in the top 10th SP" or "it's been working for 30 years". why give me some song and dance like you know why Apple is going to work out the next 10 years, cause you don't.
More...

TV market analysts tend to have audiences that have money, investments, retirement funds et cetera...much more detail about their opinions, recommendations, or advice.

In contrast, social media financial analysts (e.g. Tradingview, Marketwatch, Twitter) viewers tend to speak to the common Joe type of person...less song and dance as you nicely called it.

As for Apple considering you've mentioned it by name...twice...

It's one of those investments that we can easily see being used every day by consumers...we already know it's going to work out as a long-term investment reason why the last investment recommendations I saw this year were to "Buy the Dips" but usually those types of investments recommendations only have a 1 - 3 years forecast.

The last time I saw a 10-year or more recommendation on Apple was in early 2000 after I talked to my mom's financial advisor when I questioned him about his recommendation to add AAPL to her retirement portfolio. He refers to AAPL as a lifetime investment (hold forever).

Always invest with that common rule those analysts talk about...

Diversify one's financial holdings to reduce risk.

wrbtrader
 
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