Matson On Market Bubbles
Losing money in bubbles is not just something that happens to “dumb” people or “other people.” It can happen to the most brilliant of people, it can happen to you, and maybe it has in the past, and it can literally destroy your life savings. No one knows where the next bubble is going to be in advance, but you can protect yourself from them by following the three simple rules of investing. If it is highly popular and on the cover of every magazine, chances are it is not a prudent investment, but rather a bubble waiting to happen.
Matson On Wall Street Bullies
You should know that most larger financial organizations don’t want you to solve these problems (with investor behavior). It is simply not in their best interest. Your problems are their profits.
Excerpts from Main Street Money by Mark Matson