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Retired Navy/GS-Civil Servant, small potatoes investor/trader trying to make sense of all the data I digest from various "experts/analysts." When I first started back in late 90's I relied mostly on gut instinct and articles in magazines and TV. Just bought and sold at Market and held stocks for at least a year and enrolled in DRIPs. That made me some nice profits mostly. Got out of the market in summer of '09 completely when I fell victim to the doom/gloom predictors of major crash up-coming, etc. Jumped back in in FEB '11 and been losing money steadily throughout the year. "The more I read, the less I know." Ready to exit the market again for good this time if I can get out with minimal loss during
the next year. (It's all a rigged game with the little guy always left holding the bag--by the time we read the info/news reports, the play has already been made by the big players who await peasant investing to up the price before slamming the hammer down.) Article writers and subscription sellers have it right -- sell so-called expert advise and information via "subscriptions" without the risk of investing. Always some sucker will pay big bucks for the next big tip that will hopefully make him/her rich -- of course it is always elusive and just one subscription away from reality. How many subscriptions does the small-fry need? -- just one more!
Recently read book,"Throw Them All Out...," by Peter Schweizer.--Highly recommended!
(...they're all criminals laughing at us law-abiding peons.)
Commodities, Dividend stock ideas & income, Energy stocks, Gold, REITs, Retirement savings, Stocks - long
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