Following the Main Money Media will typically leave you more confused than enlightened. Responding to the amped-up assertions of most weekend or late night money show hosts can be downright dangerous. Add the sheer volume of financial information available today and distinguishing valuable investing information from all the bad advice bandied about can be overwhelming.
During their working lives most people are faced with the following question, “How much should I save for retirement?”. This is a great question but before you can answer that question, several other questions deserve to be asked.
Why are dangerous investments popular? I have never met anyone who honestly stated that taking risk was something they enjoyed. Sure, we would love high returns with low risk, but no one wants a potentially dangerous investment. So, why are the five products listed in in a recent Wall Street Journal article selling so well?