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That is good advise and stay away from high pressure brokers who call twice a
day. I have yet to have them give me a winner. I have never taken a trade
from a cold call broker. It appears their sole job is get rid of positions for
their firm that are going to go bad. Ira
BrentinUtahsDixie wrote:
> 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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