Tips To Avoid Bad Stock Predictions

    Published: 06-16-2009
    Views: 6,944
    Financial Advisor Ric Edelman provides tips on how to avoid bad stock predictions.

    Ric Edelman: Predictions can be dangerous to your wealth. Stock market pundits love to make wild guesses because it gets attention for them, but you shouldn't take them seriously.

    This video series is about predictions, what you need to know about them. First we will look at a recent example of a prediction that got a lot of attention and what happens next?

    And then we'll take a look at experts who get it right and still lose money. We will also look at some people who make stock market predictions by ignoring the stock market and studying pop culture instead.

    Finally, I'll show you how anyone can play with data to find a pattern in stock performance. I will even show you one that I created.