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Old 08-30-2005, 07:41 PM   #16
ET1(SS)
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Join Date: Mar 2005
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Re: Looking for good investments....

GP-
If I spoke with 100 professional 'gamblers' (poker players, slots, craps and blackjack) and asked them "have any of you ever lost money while playing with your investment vehicle"?

And if I asked the same question of day-traders, ...

I do imagine that out of both groups, each being a group of 100 people, odds would be an almost certainty that all 100 of each group will report that yes they have lost money.

If an 'investment' has a possibility of losing money,
if the people who professionaly use that investment vehicle routinely lose their money,
if it is not fully insured,

then ...

And no, not every investment vehicle is a gamble. Some are fully insured and are tax-sheltered.
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