Summary
- The news media wants to get us all hooked on receiving constant "play by play" updates on our investments.
- They are following the successful ESPN sports model, where all day long you can turn on ESPN and get updated scores and commentary on whatever sport is in season.
- Having investors hooked on constant market price updates works well for the media and their sponsors.
- It doesn't do much for investors looking to build wealth gradually and consistently over the long term and to sleep well while doing so.
- Our Income Factory® alternative takes its cue from Jane Austen.
For further details see:
Managing Our Own Pension Fund: First Step - Turn Off The TV