Quote:
Originally Posted by Giantone
Believe it or not the NFL holds class's ,seminars for the rookies on how to invest their money and what to do and what not to do.I know we sit here and think how could you lose money like that and unfortunately it's an easy thing to do.Many lottery winners go bankrupt and lose their money.Managing money is a hard job.Very smart people lose money every day.
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It really isn't. Find one of the large companies that gives a broad portfolio and manages money for the masses and don't buy stupid stuff and someone would never have to work again. And their children would never have to work in Clinton's case.
Going to these small time managers who are "outperforming the market" and cater to the rich are scammers or using illegal means.
Listening to a con man who promises to earn 20% instead of settling for the market average over the long haul of 6 to 7% is greedy and stupid. That and not making stupid purchases are not hard at all.