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Old 07-08-2009, 10:56 AM  
DWB
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Quote:
Originally Posted by SleazyDream View Post
Here's some BAD advise that all the morons out there THINK is good advise

1. Diversify.
2. Go Mainstream.
3. Follow what others say is right against what you think and know yourself.

those 3 mistakes cost me millions.

real money is made by specialists in this world
1) It's ADVICE. If you can't spell it, perhaps you shouldn't give it.

2) You are a fool if you do not diversify at least a little. You should diversify your investments, your currencies and your businesses. Just don't spread yourself too thin and know what it is you are getting into. Putting all your eggs into one basket is begging for trouble. It is also asking for trouble if you don't really know the business you are getting into. If you do your due diligence, you will be fine.

I agree with the rest of what you said. If you don't know mainstream (or any business), why get in it? And why or why would anyone listen to others? Recipe for disaster.

Sorry you lost millions.
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