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Conservative greed anniversary...

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November 23, 2008 – Comments (3)

I posted this one a year ago...

I have conservative greed... 

I have zero desire to find a top. 

I'll leave the tops for someone else. 

If I make a good return on a stock that I sold, I am happy and I couldn't care a less if that stock carried on to double again.

I'd rather leave the party early than late.

I'd rather watch the market in times of turmoil than risk my hard earned money. 

I'd rather be the first to panic.

I'd rather not be a victim to speculative greed.

GOOGLE'S GOING TO A $1000...

THE EMEGING MARKETS ARE THE PLACE TO BE...

GOLD'S GOING TO $2000...

IF YOU DON'T BUY A HOUSE NOW YOU'LL NEVER AFFORD ONE...

TECHNOLOGY IS THE PLACE TO BE...

HARD ASSETS WILL SAVE YOU... 

TECHNICAL ANALYSIS SAYS OVERSOLD, BUY, BUY, BUY... 

Sometimes we get what we deserve.

 

3 Comments – Post Your Own

#1) On November 23, 2008 at 1:44 PM, Tastylunch (29.38) wrote:

Good post.

 

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#2) On November 23, 2008 at 3:38 PM, Harold71 (22.11) wrote:

Conservative diversification is always a decent plan.

Today we live in a world where we are forced to put "hard earned money" (I prefer to call it currency) at risk simply in order to maintain the value.  Chronic deficit spending appears to be heading to a new level here in the US.  Even the innocent savers get punished.

AP - President-elect Barack Obama wants the new Congress to approve massive spending and fresh tax cuts in January...

Advisers would not discuss a specific size of the new plan, though some economists have endorsed spending up to $600 billion to revive the economy. Sen. Charles Schumer, D-N.Y., suggested $500 billion to $700 billion.

"I don't know what the number is going to be, but it's going to be a big number..."

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#3) On November 23, 2008 at 5:34 PM, Option1307 (30.06) wrote:

Good post, and I think this directly applies to todays times. Many people are suggesting to re-enter the amrket right now, I'd rather hang on the sidelines a bit longer and wait for more of the uncertainty to pass. This may cause me to miss some of the initial upswing, oh well, it will at least protect me from loses. In this market, winning is essentially not losing.

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