Quote:
Originally Posted by woj
Some random gfyer makes a random prediction, it comes true, and all of a sudden everyone wants to hire him?  |
BComm degree with 2 years of investment decision modules
I remember watching "Brainiac" - they asked a psychic medium couple of questions, then repeated the process with a monkey - asked the monkey the same questions and it had to pick cards with the answers. It turned out the monkey was as good as the medium which makes me think that a monkey can be as good financial advisor as any of the pros out there.
I couldn't know for sure that the gold would bring 100% profit in 2 years and no one could, it was an educated guess to a degree, but if you need advise you go to the pros, and by a pro I mean somebody that does this 24/7, I can only give you the basics:
- high risk investments - if you are young and feel like tempting the fate (you'll most probably end up losing most of your money but the retrurn can be very sweet) then go for it. The chances are you only have a few k to your name and if you end up losing your money you have a lot of energy and opportunities to make more cash ;)
- medium risk investments - that's for guys 30-40 years of age, play with say 1/4 of your free money
- low risk investment - if you're old/retired and not extremely rich that this is the one for you, your money won't grow rapidly but the chances of you losing them are practically zero
and one more time - find yourself a broker/financial advisor, they'll charge you a fee but it's well worth it