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When Even A Good Investing App Is A Bad Choice

TedTed
edited October 2014 in Off-Topic
FYI: I’m all in favor of people picking up a penny, but I think you’d be a little bit nuts to try it in the middle of a NASCAR racetrack where the cars are racing by you at breakneck speed.
So when Fidelity Investments this week released a study showing that nearly 70% of frequent users of mobile financial apps believe that their mobile trading apps give them “a competitive advantage,” it gave me images of overconfident investors thinking they’re about to become rich when, in reality, they’re about to become roadkill.
Regards,
Ted
http://www.marketwatch.com/story/why-even-a-good-investing-app-is-a-bad-choice-2014-10-31/print

I worry every day that John Chisum & Scott could become roadkill.

Comments

  • JohnChisum
    Copied from the first paragraph of the article. Does Ted have any original thought?

    "I’m all in favor of people picking up a penny, but I think you’d be a little bit nuts to try it in the middle of a NASCAR racetrack where the cars are racing by you at breakneck speed."

    "So when Fidelity Investments this week released a study showing that nearly 70% of frequent users of mobile financial apps believe that their mobile trading apps give them “a competitive advantage,” it gave me images of overconfident investors thinking they’re about to become rich when, in reality, they’re about to become roadkill"
  • catch22catch22
    @Ted

    You noted: "I worry every day that John Chisum & Scott could become roadkill."

    Huh??? What does that mean?
    Thanks.
    Catch
  • JohnChisum
    I'm not sure what he meant either. Nothing is original.
  • TedTed
    @catch22 & John Chiusm: Head down texting not seeing the approaching car and becoming road kill Da !
    Regards,
    Ted
  • JohnChisum
    I don't see where this thread has anything to do with mutual funds. It should be off topic.
  • TedTed
    edited October 2014
    @John Chisum I'm in a very happy mood, made a few bucks today, therefore ; I will grant one of my subjects his wish. Article has been changed fron Fund Discussion to Off-Topic. A benovolent ruler likes to make his subjects happy
  • JohnChisum
    edited October 2014
    There ya go. It was a good day indeed.
  • TedTed
    edited October 2014
    @catch22: Take two aspirin's , no take the whole bottle, and continue clipping you bond coupons. Remember the rule, we'll call you, don't call us.
    Regards,
    Tee
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