I have been holidaying for the past two weeks now, and have thus been almost away from thinking about the stock market or accessing any financial media.
In fact, I am currently in one holy city in India, where not many people have an inkling of what the stock market is all about, forget knowing or reading any of financial media. Life is thus good and simple here, largely because people are away from the noise of a big city and its constantly attention-seeking media!
Even I do not have much access to such media here, except when I turn on my laptop. This has given me a lot of time to think about the role of financial media in the life of investors.
I have always maintained that consuming financial media is often dangerous for investors, because almost none of it is good.
But if you are a consumer (most of us are), here are ten secrets I have to share with you on what financial media can do to your mind and behaviour over the long run, and why you must avoid most of it.