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Are we too gloomy about the economy?
Ken Fisher, the 271st richest man in America, says not to worry. Unless you happened to follow his stock picking recommendations from one year ago
Andrew Leonard [2008-02-26]

  • Three rules of investing

    1: Never buy an opaque investment plan. If your broker is unwilling to tell you what you have invested in, it is because most of the money you are investing with that broker has either gone into overheads, or the broker's back pocket.

    2: Look around and think for yourself. If you see big problems coming in the housing sector, act accordingly. If you just follow what the experts say you are a sheep, and will be fleeced accordingly.

    3: Don't always follow the herd - if you do you are a lemming and will end up following the herd over a cliff.

    What is all amounts to? Be informed and think for yourself.

    -- Taliesan
    [Read Taliesan's other letters]
    Tuesday, February 26, 2008 05:35 AM
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