Talk of The Villages Florida - View Single Post - Confusing stock market report, Is this a good thing?
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Old 08-07-2023, 05:46 AM
rsmurano rsmurano is offline
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Kiplinger is the last place I would get stock market info. They have been so wrong for so long. For example:

* they hated Trump so much they got the “V” shaped recovery wrong which even a 12 year old could have predicted. If you sold any shares or didn’t buy into the market while it was down during the early Covid lockdown you missed out on making a lot of money.

* kiplinger bought off and promoted the idea that inflation was going to be transitory. If you didn’t sell you holdings 20 months ago, you have lost big time.

* 1/2 the managed funds they promote are loaded funds

* promote esg funds when knowingly they are losers

Before ultimately cancelling my subscription, for the last 5 or 6 years I was reading this garbage, I did just the opposite of what they were promoting and I made more money and/or saved my portfolio from disaster