mint.com — Anyone can tell you what to invest in?and everyone will. Most of them are wrong. Here are five investments you should never waste your time on. Bull market, bear market, and anything in between, these are reliably bad ideas that will lose you money.
Jun 22, 2010 View in Crawl 4
gotmoobsJun 23, 2010
unless it was google/appl/msft.
kmollejaJun 23, 2010
While you are at it, take a look at Warren Buffet's letters to the Berkshire Hathaway investors, lots of great investment advice there. Value investing is the only way to go.
kmollejaJun 23, 2010
Shorting is incredibly risky unless you know exactly what you are doing and have set loss percentages. You can keep hoping for a stock to turn around until you are bankrupt.
frozenketchupJun 23, 2010
I thought it was clear in the article, some do better than index funds but most do worse. It's mostly about luck, not about the management. However the one good thing, is that the hedge funds can react to changes in the market easily. This of course can be a bad thing as well.
vizerisJun 23, 2010
When you invest in gold you are converting the purchasing power your dollars represent into gold in the belief that prices will fall in terms of gold. If serious inflation is coming then there will be more dollars bidding up gold prices as people seek a stable asset. Not to mention that developing countries will buy it as a hedge against instability in the developed markets, sending prices even higher. We are currently printing money to avoid deflation, whereby the dollar GAINS value against assets commodities (only now there's less for people who didn't save, like most Americans). By inflating this looming deflation away, it is highly likely that deflation will still unfold, only in terms of precious metals and high-demand commodities (oil and food). Trillions of dollars of "wealth" were destroyed after all, nothing our banks do can David Copperfield that s**t away.
boolagJun 23, 2010
Yeah, it's called 'selling short', but such bets are also guaranteed to lose money :DIt's kind of like betting on horses. Picking the loser is as hard/random as picking the winner.