{"id":5468,"date":"2021-01-24T14:06:09","date_gmt":"2021-01-24T20:06:09","guid":{"rendered":"https:\/\/interestingauthors.com\/blog\/?p=5468"},"modified":"2021-01-24T14:06:10","modified_gmt":"2021-01-24T20:06:10","slug":"yahoo-finance-downward-spiral","status":"publish","type":"post","link":"https:\/\/interestingauthors.com\/blog\/finance\/yahoo-finance-downward-spiral\/","title":{"rendered":"The Continued Downward Spiral of Yahoo Finance"},"content":{"rendered":"\n

Yahoo Finance has been on a downward spiral for years. Day by day it just keeps getting worse. There was a time when it was a valid trusted source for stock information. That time has long since past. It was an overnight thing too. One day it was a good and useful site and the next day it looked like something created by “priced right” off-shore teams who knew nothing about investing.<\/p>\n\n\n\n

Featured image by Free-Photos<\/a> from Pixabay<\/a><\/p>\n\n\n\n

Malcolm Berko, may he rest in peace, was one of the best syndicated investment advisors I ever read. He was a big believer in DRIP (Dividend Re-Investment Plans\/Programs). He had many good rants about Yahoo Finance but this is probably one of the better ones<\/a>. <\/p>\n\n\n\n

That particular article is also a shining example of why people need to ask their payroll company or their broker about available DRIPs. A short series of posts on here titled Financial Lessons the Pandemic Should Have Taught You<\/a><\/em> made reference to needing a minimum of $35,000 cash-like-but-not-cash safety fund. A DRIP is a good way to create such a fund.<\/p>\n\n\n\n

One used to be able to use Yahoo Finance to research dividend paying stocks. Actually to research stocks, ETFs, and mutual funds of all kinds. Now you have to run away from anything posted there.<\/p>\n\n\n\n

I’ve waited days to post this, but I’m still pissed off about this article<\/a> so it is time to post. Not only do they have low grade software running Yahoo Finance, it also provides low grade advice while at the same time contributing to a continually shitty Web experience<\/a>. <\/p>\n\n\n\n

That’s right; Yahoo Finance autoplays video pumping shit you don’t want right down your metered Internet connection. They don’t care if you only have a 1Gig data plan, they are going to suck it all up pushing ads you don’t want at you. Ad-blockers can’t even shut all of them down because most of the content is nothing but an ad.<\/p>\n\n\n\n

With Firefox you can kind of fight this fight.<\/p>\n\n\n\n

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Search for autop in Firefox Settings<\/figcaption><\/figure>\n\n\n\n
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Changed to block audio and video<\/figcaption><\/figure>\n\n\n\n

With Opera and Chromium you are screwed<\/a>. Google wants to push the same worthless ads at you that Yahoo Finance is, so Google took out the setting to block autoplay of video.<\/p>\n\n\n\n

At any rate, that article really pissed me off. It is typical of Yahoo Finance content since the change. People who know nothing quoted as experts. They were definitely too young to know anything about J. C. Pennys. I will admit, I bought a few hundred shares when it was still JCPNQ<\/a> and around a buck. It’s now CPPRQ<\/a> for those keeping score.<\/p>\n\n\n\n

Young people generally aren’t smart enough to realize there is a counter-culture backlash happening against Amazon. Even Facebook has hopped on the band wagon running television ads encouraging people to shop local and keep the money in the community. The COVID-19 pandemic has shown the world what everyone shopping online at Amazon will do to the world; shuttering local businesses and putting untold millions out of work.<\/p>\n\n\n\n

I actually talk quite a bit about Sears, Amazon, and counter culture in my new book The Minimum You Need to Know About the Phallus of AGILE<\/a><\/em>.<\/p>\n\n\n\n

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The essays you want to read:<\/p>\n\n\n\n