is there anything that Andy Wayne does not know about ? I'm amazed. Andy - when will the financial markets test a bottom again or is it all uphill from here ? <img src="/ubbthreads/images/graemlins/smile.gif" alt="" />
I read a lot…
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Well, I did go to
one of the top 5% business schools in the world, and I took some financial investing & related classes. My teachers were on the boards of several large banks and corporations. Some of my teachers were business heads that had made multi-millions of dollars, as were their guest speakers. We were taught to diversify by buying index funds of the entire NYSE. Over a length of time, it averaged 11-12% returns. But this is only for investments for 10 years (less is riskier) or longer for the returns to average out. If you try to profit from individual stocks, you have to have great timing twice, when you buy & when you sell. Index funds of the entire market are the best balance (for 10+ years) of risk/return.
My advice? Buy steel…INFI, SR-101, & SR-77. Best returns of any investment I’ve seen. Higher returns, lower risk. It’s a win-win. <img src="/ubbthreads/images/graemlins/thumbup.gif" alt="" /> <img src="/ubbthreads/images/graemlins/laugh.gif" alt="" />