builders and remodelers gurnee living room remodel quality remodeling elmhurst prefab add on rooms building a porch addition elmhurst .. Chicago Drug testing

Can?t Stand The Heat

It seems that every day I turn on the TV and find a Poker game. Texas No Limit seems to be all the rage these days. I love watching it. When I discuss this with others, their response is always the same, "You should play." Ah, but what they don't know is I stay out of the kitchen. As far as risk to reward ratio. That's a gamble I'm not willing to take. I prefer to invest my money. Sometimes I gamble in the stock market, but as long as I stay within my comfort zone (long term), I don't mind.

Tolerable risk should be the goal of every investor. Know your limits! Here are my big three don'ts:

  • Don't invest more than 30% of your portfolio in risky ventures;

  • Don't let your broker/advisor talk you into an investment;

  • Don't gamble with money you're not ready to loose.

    Here's a poem I wrote about a real person.

    There once was a man from the North East Who thought he could tame the great beast Money in hand, he headed to Wall Street A Bull market it was, an IPO investment he couldn't beat The morning bell rang and he started to buy?

    Drug store, MP3, Martha Stewart, and Be Free, Flashnet, Redhat, Eloan, and Goldman Sachs, Foundry Networks, Agilent, NextCard, and JNI corp, Goto, PCOrder, Free Markets, and Intertrust technologies, Ivillages, Keynote Systems, Radware, and Women, Kana, The Street, Internet Initiative, and Insweb, WWE, TicketMaster, CitySearch, and Ziff Davis.

    He felt so good, like a young man and spry The days rolled along and the market did swell Up 80% by the close of the bell.

    It was over the next few days that reality hit home The stocks started to plummet like the downfall of Rome A huge loss was incurred, sell everything without care Along with riding the bull you get tamed by the bear!

    This real man I'm speaking of has class action law suits against every one of these companies and the underwriters of the IPO. Here's a link to the law firm, Lovell Stewart Halebian LLP http://www.lshllp.com/homejump.ihtml?page=classaction.ihtml that happens to be representing this man in all these cases. To this gentlemen I have 6 words?if you can't stand the heat.

    About The Author

    Brian Weiss is owner operator of www.InvestmentRunner.com a specialty search engine with free investors software, spread sheets, investors dictionary, and financial weblog.

    admin@investmentrunner.com

    In The News:

  • Traders, Defend Against the Dreaded Death Spiral.

    It has often been said that there is only two... Read More

    Stock Trading Success

    The ABC's of Stock Trading SuccessStock trading success...why is it... Read More

    Investing in the Stock Market - When To!

    Is really not as important as to how you invest... Read More

    Commoditizing the world

    Let's discuss commodities; with the latest Enron situation, it is... Read More

    Your Job

    There are so many kinds of work that needs to... Read More

    Lemmings Are Gathering

    Before they go over the cliff to their destruction these... Read More

    Making a Stock Watch List

    I am taking the time to help others learn the... Read More

    Enronization

    Even if you don't own any of their stock or... Read More

    How To Pick A Mutual Fund

    Mutual funds by definition are a mixed bag of stocks,... Read More

    Gurgle Gurgle

    Caught in a whirlpool and being sucked under. No life... Read More

    Pamplona, the Wild Investment Bulls

    You remember (they show it on TV every year) the... Read More

    What To Buy Now

    I am sure that if you have a brokerage account... Read More

    Outsourcing

    It's about time someone spoke the truth concerning outsourcing. The... Read More

    How to Pick Winning Stocks

    There is nothing more exciting than finding an undervalued stock... Read More

    Trade Stocks for Real

    I read a comment by a forum member on another... Read More

    Size Counts!

    What the heck am I talking about?It is often said... Read More

    Why This Bear?

    People are constantly asking me why is the stock market... Read More

    Pension Plans

    If you have a pension plan at work you will... Read More

    Can?t Stand The Heat

    It seems that every day I turn on the TV... Read More

    The Stock Market Doesnt Care if You are a Beginner?. Get Prepared to Succeed at Trading

    Stock trading remains a very competitive field and the stock... Read More

    Emotional Trading

    The single most expensive stock market trades are those made... Read More

    Keep Your Profits

    It looks like we have now entered a new bull... Read More

    Value Investing: Selecting From The Bargain Bin

    Picking a beaten-down stock requires a different kind of selection... Read More

    Chart Reading

    As an investor you will want to check out any... Read More

    What is a Mutual Fund?

    Ever wondered what is a mutual fund? A mutual fund... Read More

    led high bay lighting street light costs Pete's produce ..
    led high bay lighting street light costs Pete's produce ..