Quote:
Originally Posted by GregWeld
EXACTLY!
You have no idea how many calls and emails I get asking about some speculative investment "idea" -- you know -- the old "can't loose" investment of a decade.
I PASS on all of 'em. If I want to gamble I'll go to some indian casino... Oh wait! I don't even do that!
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Amen.. I truly think that even Investing is a form of gambling. Sure we study, learn, calculate numbers, but in the end, it is Investing/Gambling.
But leaving it in the bank is madness and a sure drain on your money..
So my only Risk is Investing, mostly boring, and a few high risk assets..
I am a Simple man, and that has made me money over many years. Quietly with no flash..
My buddies are into penny stocks, and timing the market. They got out in 2009, and never really got back in. Funny how they blew through a quarter million with only "stuff" to show for it...But I am the one not working..
Boring Rules !!!