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It always amazes me how many ways the average dumbkoff is able to lose money
Bear
Posts: 18,954 ✭✭
1.Buy an investment after the big boys have made
their money and are already distributing to the dumb,
I mean other investors.
2.Follow the talking heads and buy their latest recommendations.
3.Fail to do their own analysis of the potential investment.
4. Buy an investment that they know absolutely nothing about.
5. Buy pink sheet penny stocks and hope to make a millions on
1,000 dollars worth of 10 cent stocks in Canada.
6.Play the future game ,with no idea how to protect themselves
if the market turns against them.
7. Play puts and calls the hope of leveraging money and instead
lose every last penny because the option is valued at stock price as
well as time left to the option.
8. Buy gold , sell on dips and buy on spikes. Then panic and sell at a loss.
9. Bought a house on spec. and then finds can only sell house at a big loss.
10. Play the currency game with no idea of the complexity and sophisticated
11. Play the daily buy and sell of stock without realizing, that like Vegas, most
of the system is working against them.
12. Buy and hold for 50 years. Unfortunately, most of us do not have 50 years.
In my lifetime, I have probably lost money on a number of the above.
their money and are already distributing to the dumb,
I mean other investors.
2.Follow the talking heads and buy their latest recommendations.
3.Fail to do their own analysis of the potential investment.
4. Buy an investment that they know absolutely nothing about.
5. Buy pink sheet penny stocks and hope to make a millions on
1,000 dollars worth of 10 cent stocks in Canada.
6.Play the future game ,with no idea how to protect themselves
if the market turns against them.
7. Play puts and calls the hope of leveraging money and instead
lose every last penny because the option is valued at stock price as
well as time left to the option.
8. Buy gold , sell on dips and buy on spikes. Then panic and sell at a loss.
9. Bought a house on spec. and then finds can only sell house at a big loss.
10. Play the currency game with no idea of the complexity and sophisticated
11. Play the daily buy and sell of stock without realizing, that like Vegas, most
of the system is working against them.
12. Buy and hold for 50 years. Unfortunately, most of us do not have 50 years.
In my lifetime, I have probably lost money on a number of the above.
There once was a place called
Camelot
Camelot
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