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 Send this to a financial person so they can have a smile.

Rant Of The Week (2-14-10):  You why financial advisors and stock brokers are loaded?  Because people don't realize yet that they can do the same job that the pros do for free!  Why do people give financial firms large percentages of there money in the form of manager's fee in portfolios when they can just research the makeup of that portfolio and buy the stocks themselves thus eliminating the 1-4% fees that they are charged every year?  Ok Ok...I am done. :)

Rant Of The Week (2-21-10):  Why do people sell all there stocks when the market goes down and then turn around and buy the same or similar stocks when the market is well on its way to recovery.  Don't they realize that the market and most individual stocks will act in a cyclical manner.  Raising and falling in a pattern of prosperity....recession....recovery!  Why buy when the stock is high?  They always tell me that everyone loves it and that is why they bought it.  Well here is the way to play that game...do the opposite of what the general public thinks you should do and you will be better off.  For example, if everyone is buying a stock, then it may be a good time to get away from it.  Or...if everyone starts selling it, then the most likely new low price is a good time to purchase that security.  Don't believe it...then try it with a fake yahoo portfolio...you just may be surprised.  Buy the stocks that get crushed on a day and within a few week, you will probably be up money. 

Rant Of The Week (2-28-10):  I hate it when people call things "of the week" and they don't do it every week!  That being said, I apologize for missing the last few weeks.  I was on a much needed vacation in order to recharge the batteries.  This week's rant is about people who decided to do the right thing and manage their own money by buying and selling stocks and other financial instruments themselves which is the right thing to do.  It seems that most people who manage their own money understand that markets move in a cyclical fashion and that you cannot panic during every trough and get to happy during ever peek.  But there are those who take all their money out during the recessions and then miss out on the recovery and thus lose a ton of income in that appreciation period.  Then they complain that they didn't know the recession was over and that they thought it was going to get worse and they were trying to save some capital.  Well, unless they know something no one else does, they should not touch the money at the top or at the bottom unless they are changing percentages of where their money is held. (Bonds, Stocks, CD's, Cash)  BASICALLY...Don't complain about lost possibilities because you panicked.  Day traders never win and that is what you are when you think you can time the market.  See ya next week. 

I will be back in a little bit to add more rants as they come to me...that shouldn't be long. :)

Remember that if you need any personal advice, to look me up at the blog section.

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