Re: Investing Cliches That Are Now Dated If Not Total Prevarications
- From: Robert Cohen <robtcohen@xxxxxxx>
- Date: Sun, 21 Feb 2010 08:29:56 -0800 (PST)
On Feb 21, 9:35 am, Blash <bla...@xxxxxxxxxxx> wrote:
Robert Cohen wrote on 2/21/10 1:59 AM:
The internet is full of attention-getting lists for tv conditioned-
diminished attention spans, and the competition for brief, practical,
fun miscellany is creative if not misanthropic
........and your point is......?????
I assume question is in good faith, and thus:
Well, reality has changed:
The author surely has valid points, which I'll heed in part for
awhile,
though with the caveat that political-economics and
markets are not static, and whether the gold bugs, the currency
speculations & hedgeings, and/or equity holders in funds and
stocks, and/or fixed income securities oughtabe emphasized
is no sure thing strategy
I'm an "electicist," and shall be trying to cover risks
utilizing etfs especially
Because the things make it a helluvalot easier than it used to
be to not get totally hurt playing one or five promising
stocks
I watched the acclaimed conglomerate General Electric
go into five dollar hell while
it recovered by half or so not that long ago
Bank America ditto
Ditto the overall general stock market
So, the main lesson is to me: Hedge risks,
as the etfs can be utilized to do commodities,
shorts, junque bonds, quality bonds, sectors,
countries, gimmicks, yada blah
That's what I get from skimming
all the toutings and advice, which
a la the not bad Seeking Alpha are fallible
often b.s. and contradictory from day-to-day
.
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