Postby JohnDB » April 15th, 2009, 2:37 pm
He is a little different in person than he is on the radio or likely in this video.
BUT
He does give a lot of sound advise that used to be called common sense.
It isn't so common any more.
I do tend to disagree with his investment advise. Commissioned funds are always a loser next to true no-load funds.
and I ain't talking about B shares or even C shares of loaded funds either. I am talking about funds like some from the Wasatch group or many others out there that don't have any commission to them...only a trading fee if purchased through a brokerage house...
Then there are the ETFs (Exchange Traded Funds) These funds trade just like stock except that in truth they are mutual funds that often mirror many of the popular funds out there...no managment fees though whatsoever. You can buy them and sell them inside of an hour if you wish to...no penalties at all unlike some of the other no load funds have.
Just do your own research and play the peaks and the valleys and remember that hogs always get slaughtered and catching a falling knife always gets you cut.
I want to die like Grandpa, quietly and in his sleep; not like the passengers in his car, they were all panicking and screaming.