I think it's a bit pie in the sky to expect mums and dads to become share market experts, they are too busy earning a living and raising families. The bulk of the investment should come by pension funds, the Future Fund for example.
So the Superannuation guarantee levy and such provides the finance for these funds and they should be using their expertise to invest it wisely.
Value Collector,
You seem like a very learned individual, why do you respond to quote unquote conspiracy theories, do you find them interesting at all?
Further I do not have to post links, I just like to cite my work, however being an open forum perhaps credibility is not your main concern, I have noticed rather many individuals pushing their own agendas on these forums, respectfully.
Back on topic, what would you consider a good news site, Value Collector?
Clearly you are the smartest person on this forum value collector please give some advice on how to post better on this forum.
Further value collector with all our wealth how can we make the world a better place?
I consider anyone who is willing to listen a friend personally.
why do you respond to quote unquote conspiracy theories, do you find them interesting at all?
.
Further I do not have to post links, I just like to cite my work,
Back on topic, what would you consider a good news site, Value Collector?
Oi!
I object to VC being the "smartest person on this forum"
No conspiracy theories are not generally interesting, though I can see people love to feel like they have inside information, so love conspiracy theories, it makes them feel important.
Personally I want to believe as many true things as few false things as possible, I think a lot of other people do to, so sometimes you will see me addressing misconceptions or mistruths, I think getting at the truth is an important part of being an investor.
Have you heard of confirmation bias?
Rather than looking for examples that prove your idea, you should look for examples that disprove it you will learn more that way, I think people that are heavy into conspiracy theories suffer from confirmation bias.
There are lots of news sites, the most important thing is not the actual news site itself, the news site is a starting point, it gives you an idea of something you might like to research further, you have to check the facts of any news site against other sources.
If you are interested in learning more about avoiding confirmation bias here is a short video, you will see the people in the video keep getting the wrong answer because they are only trying to confirm pre existing ideas, its not until they try and disprove themselves they get to the right answer.
Funny you present me that video,
I have seen it closer to when it was released.
In response I present this.
Cognitive Dissonance & Confirmation Bias
https://www.youtube.com/watch?v=NqONzcNbzh8
Does everyone who is reading this thread trust the mainstream media overall then?
Of course not, but that doesn't mean that the wacky theories are true, although they might be. It all comes down to evidence doesn't it ?
So far I have just been called names, .
That's a good video, But you know when he talks about people taking disparate facts that confirm a position and linking them together, that's what the conspiracy theorists do, they ignore all the bits that don't go along with their theory and spout the things they think do.
Look at the people that claim the moon landing was faked, all their "Evidence" can be debunked, but they carry on claiming it is a hoax, same with the 911 truthers.
No, I would say it is a rag that publishes gossip pushing an agenda that its mentally weak and gullible readers love as it fits in their world view.
What do you think of the Huffington Post? http://www.huffingtonpost.com.au/
What do you call the main stream media then?
Main Stream Media is the Fifth Estate; the Fourth Pillar of our great democracies - being free and fearless, its owners fund its journalists and investigators to bring truth to the light; to bring corruption to the fore; to speak truth to power; to unmask the political spin corporations and politicians and its henchmen concocts to delude the masses... and thus preserve our way of life and enrich us all with freedom and knowledge and only some ads here and there to make money.
That or it's just there to sell ads. And you cannot sell ads if you upset the corporation who buy most of the space and the airtime; you cannot ads if you upset politicians and billionaires who can direct those streams of gold to your competitors.
And this is assuming the editors and owners of these media are neutral and would be conflicted about truth or income to keep the company going to fight a better bigger fight.
Hence, our country is awesome; our culture the bestest; all our policies awesome; the poor are lazy and strange even when not beating up their wife and kids on welfare sucking the country dry; the rich and corporation works hard, should get more breaks and public servants lazy and fat...
What do you call the main stream media then?
My god you're a drag Lu, can we crowd fund a one way ticket to Mars for you?
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