Quote:
Originally Posted by Enoch Root
That is flat out wrong.
And the irony is that that gambling (trying to hit short term returns on random stocks) tends to generate smaller returns than intelligent investing does, for the vast majority of investors.
As a general rule (and yes, of course there are exceptions) people with modest amounts of money gamble, and people with large portfolios invest.
You did say one thing that is good advice though... (if you are going to do it yourself) stick to what you know.
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You don't happen to be a financial planner do you?