investing system

Have you ever noticed that when a newspaper prints a really bad article about something it is on the front page or some other prominent place? It seems that the newspapers have been full of prominent negative articles on the real estate market lately.

I was shocked to have found an article in USA Today on June 10th, 2008 in Section B page 3. I am quite surprised that I found the article because it occupied a tiny spot in the lower right hand corner of the page. You would think that a news article that is only 6-7 inches long on this page wouldn’t be important.

After reading it, I became quite disturbed. The heading of the article was, “Surprising rise in existing home sales.” After all the bashing USA Today has done of the real estate market you would think that they would have enough journalistic integrity to make as big of a story of a good situation as they have of the “bad” situations.

I lost respect for them. I almost said I lost a lot of respect for them, but I don’t have much respect for the media. They seem to be all about gloom and doom. I wished they realized how important this information might be to thousands and thousands of homeowners and investors out there and made this article as prominent as the negative ones.

Anyway, the article goes on to say that more people signed offers for purchase in April than any month since October of last year. The article also implies that interest in real estate is finally meeting supply in a lot of areas around the country. Don’t worry, USA Today made sure to put in some negative pundits to try and undermine any sign of good news.

This is another reason not to put much stock in the liberal induced negative media. Those investors that have good systems will find that any market is a fantastic one. The moral of the story is don’t look to USA Today or all the other negative media outlets to determine the validity of current financial markets. Look to those who are actually investing, not just reporting about it.

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