Quote:
Originally posted by MetaformX
ok, thats a very inaccurate statement.....
but could you elaborate more?
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Nothing inaccurate about it.
If you know you're going to need certain money in the next 3 or 4 years, don't invest it in stocks. Find something else.
People think stocks are supercharged CD's which they're not. Used properly, a stock portfolio is the only way to reach your long term financial goals.
Utilized improperly, including buying stocks with money needed in the short term, it's retarded. You might as well go bet on Monday Night Football.
If you have money to piss away and don't mind the risks, then yea...that's fine. If you have money you NEED (college tuitition fora child in 3 years, etc), find something else to do with it.