Funny Top 10 List of Simple Financial Lessons

OK, so Top 10 lists are always a draw, but here is a good one from the good folks at Motley Fool that are perfect to describe the horrible decisions made by the greed mongers who have put our country in peril.

"9. The best test of whether someone is extremely stupid (or extremely wise) is whether financial and political news makes sense to him. 

One of the biggest disservices the media cranks out are daily market roundups that begin, "Markets fell/rose today on news that …" followed by a random and usually meaningless datapoint. Markets go up. Markets go down. Get over it and stop trying to connect the dots."

http://www.fool.com/investing/general/2010/12/06/10-really-simple-financial-lessons-to-live-by.aspx

 

About Anthony Candella

Anthony is the founder and Directing Attorney of YourCreditAttorney.com and has been helping consumers just like you understand and improve your credit and financial situation since 2003.