Comments on: 10 Lessons From a Bear Market

By: Petra

Petra — Sun, 20 Dec 2009 04:27:55 +0000

I’m always amazed how many people buy/sell based on tips, analyst opinions etc. That has nothing to do with investing, it’s the fastest way to disaster. Stock picking is only suitable for those investors who have enough knowledge, experience and aptitude to analyze companies in depth – and as such don’t need to listen to any so called experts or gurus.

For everyone else, the safest and cheapest way to invest tend to be ETFs. However, even then you still need to understand what exactly you are buying (ETFs and other funds come in a large variety of structures, some transparent and relatively ‘safe’ – apart from the regular market risks, others complex and presenting risks far beyond the usual market price fluctuations.)

There is investing based on proper analysis, experience and knowledge… and then there is gambling. Not much in between, in my experience.

By: Stock Market

Stock Market — Wed, 21 Oct 2009 03:36:42 +0000

Great info here, nice site I will be checking out the other articles you have and linking back to your site.

By: PoppaBlog

PoppaBlog — Wed, 16 Sep 2009 03:47:31 +0000

I think now more than ever it’s very important to keep a watchful eye on where you money is going. I’ve noticed a general blind confidence in the market with its overall upturn, but beware, investing for the sake of investing right now could end up being dangerous if we take another dip. Do your research and invest in something stable and a little more solid than random stocks because your buddy a few cubes over made 150% profit.

By: John

John — Tue, 15 Sep 2009 15:31:31 +0000

I also like the point about journalists.

The problem with investing gurus like Jim Cramer is that he makes numerous stock picks everyday and states his opinion as if it was fact. A show that said “own a diversified portfolio and hold” would not get ratings.

By: George@Moneylounge.net

George@Moneylounge.net — Fri, 11 Sep 2009 20:18:58 +0000

I’m glad the article brings up reckless investing. In the past couple of years, I’ve seen people invest for the sake of investing. Not saying they should be financial gurus, but it doesn’t hurt to know where your money is going.

By: David@DINKS Finance

David@DINKS Finance — Thu, 10 Sep 2009 17:09:10 +0000

I liked your first point about predictions of journalists. Peter Schiff was pretty much laughed at during every tv appearance he made in the mid 2000′s. Yet he stuck to his gun, wrote a book about what he believed was going to happen, and was proved completely right. So what, you say? Well, he was in the extreme minority who thought something was horribly wrong. A large majority of journalists/commentators were wrong.

Just something to take into consideration when you watch your finance shows.