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Yahoo!Finance experts advice, hahaha

Mon Jul 30, 2007 03:07PM | By Tony

See more in Personal Finance | Permalink | Email | Comments (1)

I am in a bashing mood, so I picked few articles from Yahoo!Finance experts, and decided to put 5 cents, literally, only 5. I often think that they just have to write to fill the space, so they put complete rubbish. So here goes:

10 Commandments of Personal Finance by by Jeffrey Strain from street.com. He is not a full blown Yahoo| expert, but boy, I am still laughing from his 10 Commandments., especially #2, 4, 5 and 10.

What to Look for in a Financial Adviser, this one is from Suze Orman Money Matters. My only 5 cents are 'don't look', educate yourself. If you can read that junk, you are capable of learning few basics you ever need.

Today's Edition: Beat the Market is from Investor's Business Daily Vincent Mao. Interesting name ... Vincent Mao, but the stocks he recommends are way overbought, and will be the first to collapse when the market goes south. The cheapest stock is in its $30, and others are pushing $80s, $90s and few are over $100.

How to Save Big on Your Mortgage is the fruit of David Bach The Automatic Millionaire, advocating automated bi-weekly mortgage payment plan. Today, that can only come from a certified lunatic. No one, I repeat no one should pay more into your mortgage these days, as the home values going down fast across the country, so you may not even get your money back.

Comments

I agree!!! What a bunch of BS! Mr. Strain should do some more research before pretending he knows what he is talking about! HA!

Posted by: M. Ryan | September 4, 2007 08:33 PM

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