Comments on: Thoughts on Internet Investing Scams and How to Avoid Them http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/ Sat, 20 Mar 2010 15:34:03 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Pinyo http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/#comment-14740 Pinyo Mon, 17 Mar 2008 15:17:04 +0000 http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/#comment-14740 Great information. I throw away all the investment tips and hot stocks junk mails that I get at home. I am a believer of indexing myself. Great information. I throw away all the investment tips and hot stocks junk mails that I get at home. I am a believer of indexing myself.

]]> By: Dad http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/#comment-14691 Dad Sun, 16 Mar 2008 23:17:48 +0000 http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/#comment-14691 Excellent points! I've known a number of people who tried to beat the market in normal ways and made less than most funds do. Scams make it much worse. You quoted the SEC's most valuable piece of advice. If it sounds too good to be true, it probably is. Excellent points! I’ve known a number of people who tried to beat the market in normal ways and made less than most funds do. Scams make it much worse. You quoted the SEC’s most valuable piece of advice. If it sounds too good to be true, it probably is.

]]> By: mrsmicah http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/#comment-14682 mrsmicah Sun, 16 Mar 2008 21:27:20 +0000 http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/#comment-14682 Thanks for sharing that joke, Aaron. :) I hadn't heard it before, but I love it! Thanks for sharing that joke, Aaron. :) I hadn’t heard it before, but I love it!

]]> By: Aaron Stroud http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/#comment-14681 Aaron Stroud Sun, 16 Mar 2008 21:15:47 +0000 http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/#comment-14681 Larry Swedroe tells a great joke about economists that is directly applicable to investing. <em>Two guys are walking down the street. One of them points out a $20 bill lying on the ground. The other guy, an economist, says 'don't waste your time. If that was really a $20 bill, someone would have picked it up already.'</em> The morale is the odds of you finding a bargain <strong>first</strong> are extremely slim, so don't waste your time looking for them. You'd have to beat the intelligence and combined research of millions of investors and that's not going to happen consistently. Larry Swedroe tells a great joke about economists that is directly applicable to investing.

Two guys are walking down the street. One of them points out a $20 bill lying on the ground. The other guy, an economist, says ‘don’t waste your time. If that was really a $20 bill, someone would have picked it up already.’

The morale is the odds of you finding a bargain first are extremely slim, so don’t waste your time looking for them. You’d have to beat the intelligence and combined research of millions of investors and that’s not going to happen consistently.

]]> By: Debt Free Revolution http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/#comment-14676 Debt Free Revolution Sun, 16 Mar 2008 20:27:15 +0000 http://financefreelancelife.com/2008/03/16/thoughts-on-internet-investing-scams-and-how-to-avoid-them/#comment-14676 Thanks for the link, and I think right now there's a LOT of folks trying to make the same mistake hubby and I almost did. Thanks for the link, and I think right now there’s a LOT of folks trying to make the same mistake hubby and I almost did.

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