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Thursday, April 5, 2012

The Stock Market and Lollipops

Investing is for suckers. The stock market is in fact skewed heavily against the average American. Without the inside knowledge of a Congressman or billionaire (but I repeat myself), the rest of us stand little chance (despite occasional victories).
Hiring professional managers can sometimes pump up earnings a bit, but these guys always come back to earth . . . so that you are in a position of trying to time both the market and your investor.
All this makes the sinister proposals to privatize social security all the more irrational.
Invest in junk: baseball cards, Mad magazines, and modern art. Items like these always have suckers ready to buy.
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