Step #2 — The Financial Media is Not an Investor’s Trusted Fund Selection Guide

There is no shortage of mutual fund opinion and recommendation from the financial media — TV, radio and print; however, when I look for reviews of those opinions and recommendations, I cannot find any. The absence of such reviews says volumes. After all, if the financial media’s mutual fund recommendation track record was impressive, they
would be shouting it from the rooftops. I have conducted exhaustive reviews of the media’s fund recommendations for over a decade. The theme of every report is the same. When it comes to mutual fund recommendations, the financial media has a very poor track record.