Spolier alert! None of the "3 ways" involve watching CNBC all day. That's the exact opposite of what I'd suggest. To me, CNBC makes so many bullish and bearish calls on a daily basis that there is really no way to hold them accountable for all the crappy tips they peddle. When you think about it, if you make 100 market calls a day, you're bound to get a few right! But that's no way to conduct an investment strategy. There'll be more losers than winners over time.
Here are three new ways you can get new, fresh investment advice...outside of all the "noise":
1) Get a DivScore Right Here on Tickeron.com - by securely entering your portfolio information and providing basic facts about yourself and your investment goals, the A.I. at tickeron.com can generate a Diversification Score for you. This score is much like a credit score, except for that it tells you how well your portfolio is diversified relative to your goals and objectives. The scale runs from 400 - 850, and the closer you are to 850 the more optimally your portfolio is diversified. If you don't score at the highest level, the A.I. can generate investment ideas for you in no time. You might be surprised at how effective this A.I. tool can be at telling you how well your portfolio is constructed at present, and what you need to do to make it better.
2) Share Your Portfolio with Friends - sharing has become a central part of the way we communicate in the 21st century. We share photos, articles, images, ideas, and so on, and we do it every day through numerous mediums. Whether it's Facebook, email, Snapchat, a text, or some other method, it has become a part of the fabric of everyday life to move ideas rapidly between people. Why not share your portfolio with people you trust, or with other investors who you look up to? Doing so can help you see areas in your portfolio that may need improvement, and it can also open up a new world of investment strategy to you by seeing what other investors are doing. You can share your portfolio through the platform right here on tickeron.com.
3) Start an Investment Club and Watch the Ideas Roll In - people create organizations for the purpose of mobilizing an idea or a project and seeing it through to execution. An Investment Club can serve the same purpose - you can set it up with the goal of debating investment ideas, presenting stocks or strategies for the group to try, taking risks and making investment moves designed to make money and have success. An Investment Club is a hub for new ideas to be born and tested.
My advice - do all three of the above and see how many new ideas you generate. I doubt you'll be disappointed.