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Gold/Mining/Energy : Nuinsco Resources (NWI)
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To: Berry Picker who wrote (5303)10/12/1999 9:31:00 AM
From: Buckey  Read Replies (1) of 5821
 
When you say everything?? Do you mean all of their play money or do you mean that they took all of their life savings or whatever and put it into NWI.

If that is the case they were illadivsed and it all has to do woth RISK versus reward. We all invest ( gamble) on these speculative plays and after BRE-X anybody foolish enough to risk their retirement, current standaard of living, family etc. really needs some serious financial planning help. anyone putting more than 20% of their investments in speculative plays needs to better eductade on the downside. Tbills and Bonds may be boring but your capital is preserved.

I am the first to admit that I often exceed the amounts I should have in these plays but I am also the very first person to accept responsibility for those actions when they do not wrok out and the bulk of the time they DO NOT work out.
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