7 of 11 people found the following review helpful
1.0 out of 5 stars
Just remember.., 22 Nov 2010
Just remember that if your cash invested in the stockmarket goes down by say, 50%, this now means you need a massive 100% profit, just to get back to where you started from!
This very valuable point now stops me investing in the stockmarket.
(a tip which I recently got from Ken McCarthy who wrote a short piece about wealth building - not sure where you would get it but get it, you should).
The only people who make big bucks are the people selling you this stuff.
Its not worth the risk.
If you can't resist (I have been there!) just do a tracker, which beats all the "pros"99% of the time.
The stockmarket does not work properly anymore - good companies do not go up they way they should because these "pros" spread rumours about good companies which makes the price go down!
Being able to bet that a good company will dive - should be banned.
Capatilism is far from perfect but this aspect is completely immoral and should be banned.
It never will be though because there are too many powerful vested interests making massive paydays when good companies go down. Don't give in and give them your hard earned money!!