...ahh, yes, yet another bestowing his "wisdom" upon us...one can hope his insight here is better than when he wrote:
"Even if housing slipped by 50%, the overall economy would suffer only a 2.5% loss. That's not nothing, but it's not the stuff of The Big One. Besides, housing is nowhere near falling 50%, so we're actually looking at a hit to the overall economy of maybe 1%. Folks, this is no disaster."
...that was from August, 2007...perhaps his advice should be pondered with a large grain of salt, I think...this particular pundit's website is quite hilarious...as typical for pundits, while he offers examples of his stock picks and how much they made or loss....and, of course you can subscribe to his newsletter or purchase any one of the several books he has authored...but, gee, don't you know that no where does he show you actual account statements from a brokerage firm showing REAL performance...ahhh, the benefits of being inscrutable.
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...ahh, yes, yet another bestowing his "wisdom" upon us...one can hope his insight here is better than when he wrote:
Jun 24 12:20 pm
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All Comments by raytayzmd »Is Trading for a Living Wise? [View article]
"Even if housing slipped by 50%, the overall economy would suffer only a 2.5% loss. That's not nothing, but it's not the stuff of The Big One. Besides, housing is nowhere near falling 50%, so we're actually looking at a hit to the overall economy of maybe 1%. Folks, this is no disaster."
...that was from August, 2007...perhaps his advice should be pondered with a large grain of salt, I think...this particular pundit's website is quite hilarious...as typical for pundits, while he offers examples of his stock picks and how much they made or loss....and, of course you can subscribe to his newsletter or purchase any one of the several books he has authored...but, gee, don't you know that no where does he show you actual account statements from a brokerage firm showing REAL performance...ahhh, the benefits of being inscrutable.