Joe,
What have I learned from my experience with RMIL?
a) BB stocks are very risky. No, I already knew that. b) Company management, particularly the management of small companies, is not always the most forthright in representing the position of their companies. No, I already knew that. c) MM's, not investors, generally control the fate of stocks. No, I knew that, too. d) There ain't no such thing as a free lunch. Darn, everybody knows that, don't they? e) There are people out there who want to take my money from me. Duh? f) There are actually people who seem to take pleasure at the possible misfortunes of others and delight in rubbing it in. Would these same people rush to the scene of an accident and berate the victims for their lack of driving skills? It would appear so. That's one I learned.
g) There are people, supposedly adults (adult enough to hand a broker their money) who, not having learned a, b, c, d and e, would actually get on a public forum and figuratively, and even literally, throw tantrums. They remind me of the people who buy a house 15' from the river and, when it floods, expect "the government" or anybody to come bail them out. They think the louder they cry, the better chance they have for someone to hand them what they want. Like an irrational child, they throw things and break things and take away any chance of making the best of what they have. That's really a hard one to believe, but I guess I have learned it.
You're right, Joe, there were some things to be learned here. Sad, but true.
Regards,
Angel D |
