R.L. investing stories.
What will follow is a tale from real life, the names have been changed to protect the not so innocent.
In my post http://caps.fool.com/Blogs/tale-of-a-lost-soul/394089 I introduced you to my co-worker Pancho Villa.
Last Thursday we had some down time, waiting for a Boom.
So this is the convesation-
Pancho- Harry! if I had $1,000 to invest could I turn it into a million?
Me- No, dude the markets up so there's not great deals floating about anymore, 2008 was the buying opportunity
Pancho- So what should I invest my thousand dollars in for my kids college fund.
That's when I got tripped up,
All I could tell him was I'm going with Silver, and Spicy Pickle.
I honestly could not tell him a safe bet.