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re: Various Financial Questions

Posted on 1/4/13 at 12:27 pm to
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5626 posts
Posted on 1/4/13 at 12:27 pm to
quote:

Not that Benny is somehow "wrong", it's more that if you ask ten financial advisers their opinions you will get over a dozen valid answers in addition to the invalid ones.

I'd hope that everyone had different allocation suggestions. Otherwise that would mean everyone had the same market expectations as I did and I would have no room to make money. I would be very interested in your allocation suggestion though, it's always great to see how others see what's going on.
quote:

The usual result is that you will do reasonably well initially, then get overconfident and bet way too large and lose the shirt off your back.

And thus is the life of the average retail investor.
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