7 Investor Tools to Fight Misinformation: Stay Skeptical
On Wall Street, information is power. Investors increase their potential to profit by knowing more than the person on the other side of each transaction. But some unscrupulous folks don't stop at simply gathering better intelligence. They aim to cash in by spreading lies that mislead and misdirect ordinary investors like you -- making themselves rich at your expense. With persistence and a little know-how, you can protect yourself, your friends and family, and your money from making these kinds of costly mistakes.
"IF YOUR MOTHER SAYS SHE LOVES YOU, CHECK IT OUT."
-- From a sign on the wall at the City News Bureau of Chicago, as quoted by Newton Minow in the Chicago Tribune.
The first and best way to fight misinformation: Stop implicitly trusting anything and everything you read -- especially if you only read it once, from one source. If you find something new, unexpected, or surprising online, ask yourself the following questions.
Source Fool.com
