The Bernie Madoff scandal is a sad case of the lack of care by the investing public. It’s amazing that so many sophisticated investors just handed money to this man without thinking about doing any due diligence. It’s understandable for average citizens as they lack the expertise to decipher the often complex documents and investment [...]
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Investing News
The market was doing so well until the ADP job report came out on Wednesday. Then all of a sudden, a decline of 270 points on the Dow! I know, the report sucked with 673,000 reasons (lost jobs), but hey, we knew the economy would suck anyway right? The government will release the non-farm payrolls [...]
The Sunday version of WSJ has a 6 step guide for the brave (in other words, opportunistic) investor out there. If you are one of them (or want to make money in the long term), read on. Dump the Dogs. This must be one of those “never go wrong by saying this” advice because isn’t [...]
We’ve all heard about diversification and all the reasons why we should spread out our investments to reduce the risk of losing too much money. We keep hearing that if we don’t diversify, we might lose all our money. We hear about the people that worked for Lehman Brothers who lost everything they had, but [...]
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