Download - Be Skeptical of the Financial Media
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Mullooly Asset Management PodcastAugust 14, 2013
Mullooly Asset Management August 2013
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The Financial Media
Bloomberg
CNBC
Marketwatch
Wall Street Journal
Many others as well
Mullooly Asset Management August 2013
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Motives of Financial Media
To help you pick the best investments? …unlikely
To make a profit? …sounds more like it
Mullooly Asset Management August 2013
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Financial Newspapers Financial Cable Channels
Needs subscribers
Subscribers bring them advertisers
Needs viewers
Want viewers to stay glued to their channel
Mullooly Asset Management August 2013
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How Do They Accomplish Goals?
Polarizing opinions
“After the break, we will discuss…”
Sensational headlines
Mullooly Asset Management August 2013
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Bottom Line
Be skeptical when reading, listening, or viewing financial news
Nearly everything has an agenda behind it
Mullooly Asset Management August 2013
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None of the securities mentioned in this (or any) podcast or video represent past specific recommendations of Mullooly Asset Management.
This video is NOT a recommendation to buy or sell any of the securities mentioned here.
If you’re relying on a podcast for investment advice, you are likely making a huge mistake.
We strongly urge our listeners to consult with their investment advisor before they make a decision to buy or sell any investment.
Mullooly Asset Management August 2013
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Mullooly Asset Management, LLC
support (at) mullooly (dot) net
732-223-9000
www.mullooly.net
Mullooly Asset Management August 2013