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If you've ever felt like you're being relentlessly bombarded with information, you're onto something. And if there's any doubt, I've got the numbers to prove it.
Data varies, but the average person sees between 5,000 and 10,000 advertisements a day. That's up as much as 9,900% from when I was growing up, when that figure was less than 100.
We've been led to believe, or – dare I say "sold on the idea" – that the multitasking enabled by so much information is good for us. We're supposed to be better surgeons, better thinkers, better pilots, better people – heck – better everything because of the connected world.
But it's simply not true. Studies like those from Stanford University's Communication Between Humans and Interactive Media Lab show that it's actually terrible.
Instead, we're learning to ignore information, because that's how our brains protect us. Effectively, we're learning to "sample" lots of things while concentrating on just a very few things.
In the process, we're just as likely as not to miss the critical things that actually matter. The Internet, in all its guises, has made the problem worse – especially when it comes to money.
Investors who fall prey unknowingly risk losing their shirts.
The ongoing trade war with China is a perfect example…
About the Author
Keith Fitz-Gerald has been the Chief Investment Strategist for the Money Morning team since 2007. He's a seasoned market analyst with decades of experience, and a highly accurate track record. Keith regularly travels the world in search of investment opportunities others don't yet see or understand. In addition to heading The Money Map Report, Keith runs High Velocity Profits, which aims to get in, target gains, and get out clean, and he's also the founding editor of Straight Line Profits, a service devoted to revealing the "dark side" of Wall Street... In his weekly Total Wealth, Keith has broken down his 30-plus years of success into three parts: Trends, Risk Assessment, and Tactics – meaning the exact techniques for making money. Sign up is free at totalwealthresearch.com.
Tags: trading strategies