Newbie Investors

Gold: The Investment of Suckers

November 30th, 2005

Here’s a rule you can bank on: When you hear television or radio advertisements urging you to put your money into a certain obscure investment vehicle with all-but-guaranteed massive returns in the future, it’s time to sell. Today gold fits this profile perfectly. Read more »

Why You Cannot Trust Your Broker

November 16th, 2005

In March 2000, every stockbroker in the world was telling you to allocate 90% of your portfolio to NASDAQ bubble trash stocks like CMGI and INSP. If you listened to these experts then you got slaughtered. What did you think would happen? When you trust those who have a financial stake in your decision, you will always lose. Read more »