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Monday, August 15, 2011 - 10:32 AM
Why It Pays To Ignore The Financial News
From Moneyland | TIME.com
When it comes to money, it often pays to ignore financial news. The media is in the business of selling news, and to do that, they sensationalize it. Fueled by the over-eager reporting, irrational exuberance can quickly turn to pervasive gloom. Neither state of mind makes sense. They’re both extremes that lead investors to make poor decisions.
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