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CNBC
Rogue Investor PackageCNBC is the most popular financial news source on the planet.  However, watching the cable news broadcasting channel can be both a blessing and a curse to the Rogue Investor.  In the blessing category, the financial news is comprehensive, accurate, and up-to-date.  Among the excellent business and investing information provided is interviews with company CEOs, profiles of relatively unknown businesses, new business ideas, and overall trends in business conditions.         

In the curse category, watching CNBC and many other daily financial news programs may lead to emotional attachment and resulting anxiety.  Overall, humans have a natural curiosity that makes them susceptible to wanting more and more information, especially when it affects their pocket book.  By providing an incredible amount of information regarding current market conditions, financial journalists do an excellent job of feeding on this curiosity.  

The catch: Rogue Investors need to realize that most of the information presented on TV focuses on the short term and has little value in the long-term process of building wealth.  If by watching you start to feel anxiety or find yourself making poor, short-term investment decisions, it is time to back off.       

The best investment medicine often involves two steps.  First, follow the general market as little as possible.  Great investors focus on locating quality companies at a bargain price with little regard for overall market conditions.  Second, if you find yourself continually wanting to watch the cable financial news, consider visiting their web site instead.  When you read something, it is often easier to remain unemotional in comparison to being influenced by someone's facial expressions, tone of voice and other visual factors.  Control your emotions by having enough knowledge, patience and an investing margin of safety, and you will be following the advice of the world's greatest investors. 

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