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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (63985)6/17/2006 9:58:14 PM
From: yard_man  Read Replies (1) of 110194
 
riskloves get their just desserts -- if only a little bit at a time ... <g>

today.reuters.com

>>When a 76-year-old pensioner recently told Jill Schlesinger he wanted to put 10 percent of his $100,000 portfolio into gold, the financial adviser knew the latest investment craze would likely end badly, and soon.

"With each passing quarter, people became more greedy and more complacent," said Schlesinger, chief investment officer at money-management firm StrategicPoint Investment Advisors in Providence, Rhode Island. "And people lose sight of what a diversified portfolio is and what risk is."<<
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