How Much Do Financial Experts Really Know?

Why are we listening to financial “experts”?  Have you noticed that all of the so-called experts on television and in print are the same people who did not notice or warn anyone about the current financial situation?  So what gives them the expertise to now give out advice on how to repair it?

Before you follow the advice of the talking heads on TV it may be a good idea to check their track records first.  This video is funny though it’s also very educational in explaining how some aspects of the financial markets market their dodgy products to consumers like you and me.