When should we ignore the news?

11/02/2008

In past articles, I've talked about ignoring the news. The current environment seems to be a great time to practice that particular bit of self-preservation. A recent discussion with a good friend reminded me about how easy it is for us to fall into the herd mentality and build on each other's fears.

My friend was wondering if he should change his financial behavior in response to the ominous things he was reading on the news sites, in particular CNN. My advice was to ignore the news...

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