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23Dec/090

Rant on Investor Expectations

Time for another rant, we just couldn’t resist! We were watching a financial network show and they have a lunch time program where investors can call and ask questions to the ‘experts’ they have on the show.

As usual with these kind of shows, the kind of questions vary but this particular investor called to ask the following:

* “Please recommend a low risk share with a 50% short term potential.”

Naturally, the ‘experts’ said that if they knew of shares like that, they wouldn’t have to work for a living! The issue we would like to ‘rant’ about is the fact that most investors do not take the time to understand what investing is all about and they simply see the stock market as some kind of game or easy way to make some fast-money.

As a general reminder: ‘easy money doesn’t exist’, at least not consistently and legally…. take the time to understand and learn what investing is about and what an interesting, challenging and potentially rewarding endeavor it is. If you just want fun and excitement, you can always head to Vegas!

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Completed unsolicited and worthless random fact:
Liquid paper was invented by Mike Nesmiths (of the Monkees) mother, Bette Nesmith Graham, in 1951.

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