I am a proud shareholder of both Enron and GM.
Safest stocks in the market I was told.
I remember my wife telling me she bought a bunch of Enron stock, talked into by several co-workers because it was a good get-rich deal. I yelled at her "Fool!", because I read of all the problems Enron was encountering. Sure enough, she and her co-workers lost thousands on the deal, which was more like a get-poor deal. I don't know why she listened to the co-workers, because they lost money on previous joint ventures. If it sounds too good to be true, then run away from it.
LOL
I stay away from the market, because my investments alone would curse corporations and force them into insolvency.
Many people would be harmed...
I’ve been to the horse track several times. I study the past history of the nags I bet on, and their stats look better than all the rest.
Sure enough, the gates open and my nag is in the lead from the start. About a quarter of the length of the race they start falling back. At the end of the race they come in dead last, early the next morning.
I try not to participate in things other people have money on. I am seriously the kiss of death.