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I saw the story of a Florida couple that invested their entire life
savings(about $185,000) in some sort of sporting investment. The point here
is that they didn't invest 1/2 or even 2/3 of their savings they invested
it all and of course they lost it all. So for those that didn't see this
rule before, here is a simple rule that can save your bacon.
Survival rule #1, never speculate beyond your ability to absorb the loss
and say afloat (no matter how good the investment looks or sounds).
Brent
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