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Passive v. Active Selection
Repetition will expose both luck and ability. Two things often confused in early days.
Most people would be better of investing passively over a long term in a low expense broad based index fund. This would ensure they receive as close as possible, the productive return generated by our companies and would free up their time for more productive or pleasurable activities.
I know what your saying about brokers. As I said to Peter in another post makes me nervous about a stock when I see brokers recommending it. Especially if it does not look positive on my charts.
I'm always suspicious that they are recommending it so that their mates can unload. If its so good why are they not buying most of it themselves or offering it to their top clients.
I hope you don't mind me moving your post, but I feel it warrants a separate thread.
