Re: The Democrat's Candidate

"Michael Wolf" <michael.wolf@xxxxxxxxxxxxxxxxxxx> wrote in message
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"Dennis \(Icarus\)" <nojunkmail@xxxxxxxxxxxx> wrote in
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"Michael Wolf" <michael.wolf@xxxxxxxxxxxxxxxxxxx> wrote in message
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"Dennis \(Icarus\)" <nojunkmail@xxxxxxxxxxxx> wrote in
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"Michael Wolf" <michael.wolf@xxxxxxxxxxxxxxxxxxx> wrote in message
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"Chris Guynn" <chris.guynn@xxxxxxxxx> wrote in
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<snip>
I can't afford a "private banker" that I know of.

My investments are averaging out to about 12-15% annual return.

Here's my strategy: Find 4-6 mutual funds with a track record of
at least 10 years with an average return of 12-15% (or higher)
and invest in them. It's working out pretty well so far.

And who's losses cover this?

Michael, investing in stocks or mutual funds is NOT a zero-sum
game. In order to profit, someone else does not take a loss.
It isn't a game of cards or dice.
http://www.investopedia.com/articles/02/061902.asp

Which presumes endless growth...the added value/money has to come
from somewhere, meaning someone else's pockets

Generally satisfied customers. :-)
In other words, the money came in exchange for goods and/or services.
Do you count those as "losses"?

Untill there are no (satisfied) customers anymore

Explain that, please. You count them as losses until there are no satisfied
customers?
:-)


--
Dennis

Never Surrender Dreams - JMS


.

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