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High Stakes Poker

December 4th, 2008

Lately, plenty of folks have been learning the lesson that maybe the stock market’s not for wimps or a place to take a “flyer”. For that, we’ve got Vegas.

Sooooo, if you wanna be in stocks, then first things first: Figure out if you’re serious, and if you are then get yourself educated about what you’re doing. Most people wouldn’t ever dream of sitting down at a high-stakes poker game without knowing the rules. But they would risk tens or hundreds of thousands in the stock market without knowing the rules?

Shame on the pedestrian, everyman, buy and hold garbage that’s been spewed for years by stockbrokerage houses in an attempt to convince “you” that investing in anything is fun and easy. Their agenda is that they need your money and then they need to keep it in the market to continue to collect their fees to stay in business long enough to speculate on foolish investments to the degree necessary to put themselves out of business.

If the big brokers can’t keep from losing their asses, how do they expect that we should listen to what they say? Things to think about. We’ve really pulled back the curtain on the Wizard this year, haven’t we?

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