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Cameron Passmore CIM, FMA, FCSI

Portfolio Manager

Benjamin Felix MBA, CFA, CFP

Associate Portfolio Manager
Contact
  • T613.237.5544 x 313
  • 1.800.230.5544
  • F613.237.5949
  • 265 Carling Avenue,
    8th Floor,
  • Ottawa, Ontario K1S 2E1

Newsflash: Market Gurus Are Guessing

March 2, 2018 - 0 comments

It doesn’t take an expert to tell you the flip of a fair coin gives you 50/50 odds, heads or tails. What if I told you most market gurus fare even worse than a coin flip when it comes to making accurate financial forecasts? Would you continue to pay attention to their “expert” calls? 

 

If most financial forecasts are less dependable than the odds of a coin toss, why are there still so many of them clamoring for your attention? The answer lies in understanding the motives for making them. If you thought it was to help you invest more successfully – think again. 

Check out today’s Common Sense Investing segment to find out what’s really going on in the mind of your average market maven. I hope it convinces you to pay them no mind moving forward. Might I suggest a better way to spend your time? How about subscribing to my YouTube channel, where common sense is our guide. 

 

By: Ben Felix with 0 comments.
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