I noticed some great advice written by Seth Jayson from The Motley Fool today: Ignore the Experts.
June sales numbers all over the map show that neither high-priced oil nor threat of housing bubble nor Michael Jackson acquittal can keep strong retailers from continuing to move their products.
The Fool advises readers to turn off the constant stream of news and realize that the talking heads can’t predict the future. Make investing decisions based on how the business you’re considering is performing and its price, not based on possibly impending but ill-defined macroeconomic doom.
Updated February 6, 2012 and originally published July 7, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.