Your fav site for market/financial news?

Carrieanne

Zerohedge - https://www.zerohedge.com/

RT Business - https://www.rt.com/business/

kidmugsy

oldwally wrote: »

IN the old days...............of the internet I mean...............Motley Fool and III used to be good for reading other peoples views /news on things.

Yes I used to like the MF discussions. Did you know there's an independent descendant of sorts called "The Lemon Fool"?

seacaitch

Regarding market & financial news...

If you've ever been an "insider" to a situation - particularly a fairly complex situation - that attracted national media coverage, you may well have found that the news coverage often bore only minimal resemblance to the detailed reality that you as an insider understood.

You'll have read the narrative that reporters conjured up and been able to declare with confidence "That's mostly/nearly all bo!!ox".

Most people only find themselves on the "inside" of a news story very occasionally, so they're unlikely to gather a sufficient empirical personal evidence base to be able to make the mental leap and realise that their own experience, that of media reporting bearing the slimmest resemblance to the factual reality of a situation, is something that insiders to all stories will be experiencing. ie. that the narrative of all news media stories is "mostly bo!!ox".

This severely limits the usefulness to investors of general news coverage.

The sites that are the most useful are those delivering numerical factual details such as price, asset holdings, costs, etc., not those delivering daily reportage and opinions of what's happening within markets and what may happen next. In my experience, the latter have little use except as very occasional contrary indicators, ie. selectively doing the opposite of the things suggested.

Besides a number of factual data sources, the other resources I find useful are a highly curated selection of blogs and twitter posters that I've collected over the years, from whom I gain useful insights. This is a highly personal list and so of little use to anyone else whose experience or goals are likely to be much different to my own.

short_butt_sweet

ideally, steer clear of financial news. it doesn't give you information that helps you invest better. and it might make you panic, when what you should do is stick to your plan.

the news (not just financial) tends to give the impression that the world is falling apart. and i'm not even saying that that isn't true in some scary ways. but specifically in your capacity as an investor, being optimistic (while also being prepared for major hiccups along the way) serves you better.

financial news is distinct from information about the general principles about how to invest. the latter doesn't change very fast.