The Trouble With Predictions
It is that time again when we are bombarded with predictions about what is going to happen in the year ahead. I can understand why the media promote this activity. It is good content at a generally slow time of the year. It can also sound quite profound and insightful as the experts tick off a long list of reasons to justify their clairvoyance.
The only problem is that it won't make you any money. No one, and I mean no one, has been able to consistently predict what the market will do in the year ahead. Of course, there is always someone who is lucky and comes up with a pretty good guess, but they have about the same degree of expertise as someone who picks Lotto numbers....156 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.