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[sharechat] Golden rule


From: Kausa Smith <kausa_smith@yahoo.com>
Date: Thu, 11 May 2000 02:05:15 -0700 (PDT)


I thought to share this invaluable advice from a dear
old friend with readers of this forum.

-----------
Kausa, ... you have learned very fast about the
sharemarket investments. You are also so lucky to have
a broker who is on your side and looking after your
interests. ... Remember, if you want to make good
money of investing in equities, the last thing you
want is to follow the crowd. There are good money to
be made indeed even in a bear market as I have
experienced on NYSE for the last 20 yrs. ... Don't
read into too much what the instituions are doing as
in most cases they are just as blind as anyone else. I
have been known in my circle as  a "gold dropper,
garbage picker". I buy stocks that everyone else
thinks are heading into a brick wall, and sell the
ones others couldn't get enough of them. Believe you
me I have made a very comfortable living this way from
merely $1000 that my father lent me ...

--------


Cheers,
Kausa

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