You should be skeptical of the financial media as an investor. Their job is to entertain and create an audience for their employer, not to give you prudent and responsible investment advice. Make sure to read all the sources, and form your own personal opinions.

1. Mullooly Asset Management Podcast
August 14, 2013
Mullooly Asset Management August 2013

2. The Financial Media
Bloomberg
CNBC
Marketwatch
Wall Street Journal
Many others as well
Mullooly Asset Management August 2013

3. Motives of Financial Media
To help you pick the best investments? …unlikely
To make a profit? …sounds more like it
Mullooly Asset Management August 2013

4. Financial Newspapers Financial Cable Channels
Needs subscribers
Subscribers bring them
advertisers
Needs viewers
Want viewers to stay glued to
their channel
Mullooly Asset Management August 2013

5. How Do They Accomplish Goals?
Polarizing opinions
“After the break, we will discuss…”
Sensational headlines
Mullooly Asset Management August 2013

6. Bottom Line
Be skeptical when reading, listening, or viewing
financial news
Nearly everything has an agenda behind it
Mullooly Asset Management August 2013

7. None of the securities mentioned in this (or any) podcast or
video represent past specific recommendations of Mullooly
Asset Management.
This video is NOT a recommendation to buy or sell any of
the securities mentioned here.
If you’re relying on a podcast for investment advice, you are
likely making a huge mistake.
We strongly urge our listeners to consult with their
investment advisor before they make a decision to buy or
sell any investment.
Mullooly Asset Management August 2013

8. Mullooly Asset Management, LLC
support (at) mullooly (dot) net
732-223-9000
www.mullooly.net
Mullooly Asset Management August 2013