3 Ways the Media is Dangerous to Your Financial Health

Spot-on article, especially point #3. I can't imagine how many people have been burned by following his advice on a day to day basis. Haphazard investors turn a blind eye to the disclaimer at the start of the show the same way a gambling addict would to an addiction hotline.

Also, one nitpick grammatical thing to note:

"This gives investors the wrong idea, as it has been showN that the thoughts of Wall Street..."

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.

I'm really surprised that there are only three.

Very similar to YCharts in a way. www.ycharts.com

I'm not defending Jim Cramer. But Jim Cramer made his fortunes as a young guy day trading, read his biography, he comes across as a buffoon, but he only does that to categorize his show as "entertainment". This way he can get around the SEC law which prohibits people from rallying the people over a public medium to manipulate a stock up or down.

Love him or hate him, the guy is a genius. Personally I think he's using the TV to make profit off the viewers trading, but if you are savvy you can trade with Cramer (what he really does, rather than what he says to do).