The <b>DD</b> Maven Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The DD Maven

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: shortsinthesand who wrote (476)	12/16/2008 7:16:54 AM
From: rrufff	1 Recommendation Read Replies (1) of 736

I agree and that's why I always stress diversification as the key to making money. The people who put all their money in with Madoff because the returns were "guaranteed" and consistent really fell for the oldest of red flags. I have yet to see anyone be right in making calls more than about 70% of the time and you can always tell a scammer when he or she claims to be right all the time. If you can diversify and make multi-baggers, stay away from the crowd, buy when others sell and sell when others are buying, you have a chance to make money even in the microcap market. I was thinking that pennies and sub-pennies would lose interst but then it seems that during very hard times, lottery tickets, casinos and the like do pretty well. So who knows? In any event, those who put other than gambling money into any part of the stock market without totally diversifying are just asking for trouble. My biggest holding for years has been XOM even though I disagree with the politics of big oil. Even there though, I've written calls and played it for the dividend. The big increase in price was really a pleasant surprise.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next