Thursday 23 December, 2010

"Buy report", Sale executed - Same day, by same institution

"Buy report", Sale executed - Same day, by same institution

Take a look at this:

Why am I not surprised?

As an old grandma of mine used to say, "There are no free lunches".

But still, we keep expecting to find our friendly broker, newspapers, magazines, TV Channels, etc. to tell us precisely the best money-making idea.

First of all, if they knew which stock will go up or which one will go down, they'll much rather go long or short accordingly. Why would they even bother telling you?

Moral of the story: Same old stuff - Do your own research even if you get a recommendation / tip / advice / suggestion from someone who is indeed an expert and happens to be your well-wisher. You can't possibly be too careful. After all, it is your money, honey!

Regards,

N


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