Posted on 09/15/2008 1:52:08 AM PDT by TigerLikesRooster
They were only trying to help raise capital for their pigmen buddies in the market. They don’t give a damn about you. That’s a tough way to learn the scam by Kudlow and the rest of these sleezy insiders.
I figures out some time back that as a small investor, without the time to devote to watching the market, I just wasn’t going to do any better than the meager returns of a no-load index fund. Until Dec 2006, I had most of my 401(k) in an S&P 500 index fund that did very nicely right until 2000 anyway. In December 2006, I saw the housing collapse coming and got the hell out of the market and straight into cash and have been urging everybody here to do so also. At least the masses of “buy and hold” types that don’t have the time and knowledge to be traders — which is most of us.
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