Truth be told, most financial television bores me. Two or more people discussing the latest economic trends or hot stocks is not especially entertaining.

Here is a dirty little secret: Stock-picking is wildly overrated. Sure, it makes for great cocktail party chatter, and what is more fun than delving into a company's new products? But the truth is that individual stocks are riskier than broad indices.

Any time you speak to people about their posture, you learn about their most recent investment activity. When someone just bought stocks, they tend to be bullish; someone who just sold is bearish.

Getting more and more of our news from the social network is having significant repercussions for markets - and your money.

Active management leads to lots of poor investor behavior. It sends people chasing after whoever has the hot hand at the moment.

One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.