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When you deal with a market advisor
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SeniorCitizen
Posted 12/14/2007 10:15 (#259797 - in reply to #259772)
Subject: Re: When you deal with a market advisor


True. I tend to be a skeptic by nature. I certainly do not want to be critical of those advisors trying to legitimately help folks, its tough to give advice. Frequently embarassing too, I advised everyone who was breathing in 1972 & early 73 to sell soybeans at $4....took a while to live that one down. I just have met too many advice givers who are not as thorough as they could be. The nice thing about free markets, no one knows. If they did, they've have all the chips. My 2nd rule, when you make a few bucks, put it in savings...not enough return, true...but let it sit for a month or two until you want to tackle the market again...too easy to be careless when you've had a good run in the markets. Cash is not a bad choice when you diversify.

Edited by SeniorCitizen 12/14/2007 10:17
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