Don't Listen to Stock Experts: 47% Success Rate?

Published: 02 October 2024
on channel: Mike's Financial Edge
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73

Think twice before following the advice of so-called stock market experts. Research shows that some of the worst stock predictions come from analysts. A study examined over 6,600 forecasts made by 68 different experts over an 8-year period—and the accuracy rate was only 47%. You might as well flip a coin!

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Disclaimer: I am not a financial advisor. This video, and the ideas presented in it, are for educational and entertainment purposes only and should not be construed as financial or legal advice. It is imperative that you conduct your own research and, if needed, get professional advice suited to your unique circumstances. I am merely sharing my passion for personal finance, stock market investing, other types of investing, and overall money management to help people achieve their financial goals. This video is purely for entertainment purposes.


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