Avoid Investment Strategies That Require The Prediction of the Impact of Impending Events
Saturday, November 15th, 2008A majority of investors who have gotten beyond fixed-rate CDs often lose because they want to be part-time clairvoyants. • "Medical stocks will rise next year because health costs are going up." • "Invest in big agriculture companies because the emerging Eastern Bloc countries will buy more food." • "Invest in leisure companies ...