Tags: pundits | independent | free | help

Beware of Those Offering ‘Free’ Advice

By Bill Spetrino   |   Friday, 26 Oct 2012 08:02 AM

If it weren't for the Internet, many writers (including myself) would never have been hired by the mainstream media.

Unfortunately, many readers don’t know enough about each writer to find out their actual qualifications.

I didn’t write this to identify these pundits. The reason I write this is to make you aware that many writers aren’t telling you what they think. They are instead telling you what they think their readers want them to say.

Editor's Note: Small-Town Ohio Accountant Uses Simple Forgotten Secret to Help Investors Pocket Millions

You might say, “Bill, this guy doesn’t charge me anything. He doesn’t get paid.”

The fact is that if the pundit has 300,000 e-mail addresses, he is making a sizable amount of money from his e-mail list and his other ads.

In today's day and age, no one ever takes responsibilities anymore.

In athletics and politics and in one's own life, everyday folks are bombarded with stories of people who fail and blame Wall Street banks, millionaires, billionaires and big corporations as the reason.

My grandfather would be turning in his grave, as would our Founding Fathers.

The great NFL coach and Super Bowl champion Bill Parcells said, "You are what your record is."

However, the opportunists have figured out that selling excuses and negativity is much more popular and profitable.

These “doom and gloom” pundits have a much larger audience than does the person who tells you to invest conservatively and that with diligence, dedication, hard work and consistent investing, you can build a sizable nest egg during your lifetime.

Editor's Note: Small-Town Ohio Accountant Uses Simple Forgotten Secret to Help Investors Pocket Millions

This isn't sour grapes from me. My personal investment portfolio and the record of my Dividend Machine newsletter speak for themselves, with the newsletter having averaged a more than 20 percent return annually since inception. And I personally achieved financial independence at age 42, solely be allocating capital.

There are many imposters who don't care about their actual performance but continue to pander to an oblivious public who love their "free analysis."

The next time you read that “independent” pundit who is “helping” folks with his free blog, realize that the person and the blog might not be as independent as you once thought.

About the Author: Bill Spetrino Bill Spetrino is a member of the Moneynews Financial Brain Trust. Click Here to read more of his articles. He is also the editor of the Dividend Machine. Discover more by Clicking Here Now.

© 2017 Newsmax Finance. All rights reserved.

1Like our page
2Share
BillSpetrino
If it weren't for the Internet, many writers (including myself) would never have been hired by the mainstream media. Unfortunately, many readers don’t know enough about each writer to find out their actual qualifications.
pundits,independent,free,help
418
2012-02-26
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved