It's a pretty vicious cycle. Financial websites and TV shows are mostly subsidized by brokerages or firms that make more money when you trade more, so (surprise

It's a pretty vicious cycle. Financial websites and TV shows are mostly subsidized by brokerages or firms that make more money when you trade more, so (surprise!) they advocate trading as much as possible. It drives me nuts that in order to uncover information about investing responsibly, you have to dig past a bunch of short-term garbage that's going to give most of your money to a broker, mutual fund, or advisor.