Many financial experts seem to have a crystal ball.
I love it when they say, “This is a good time for tech stocks.” Or “The market will go up by 10% this year.”
Warren Buffet says, “Forecasts tell us more about the forecaster than the forecast.”
What he means is that many forecasters have an agenda that reflects the interests of the people who pay their salaries.
If they are paid to be positive, they will be positive.
If they are paid to be negative, they will be negative.
Forecasters do not have crystal balls, they simply have bills to pay. Markets (stocks, real estate, bonds) only make money when we are trading in them.
That is why having your own financial education is so important. You can only rely on yourself.
Contact us for your free financial analysis to improve your cash flow today.