01-27-2009, 12:22 PM
As an accountant, my investment advice is cash in the bank, real estate, and dividend paying stock. The whole purpose of the investment business is to separate suckers from their cash and in my experience amateurs lose 9 times out of 10. The professionals know what's going on, the amateurs do not.
Brokers are not your friend. They only make money when you trade shares. They keep inventing hot tips that never perform. They will never tell you to hold on to a well performing stock, never.
Brokers are not your friend. They only make money when you trade shares. They keep inventing hot tips that never perform. They will never tell you to hold on to a well performing stock, never.