Originally Posted by Tallest Skil
This thread came right after the Steve Jobs resignation. It was insane paranoia.
Ah yes. The news that shocked... no one. I was saddened by the news, as were most people. But anyone who honestly thought that an event (that the market had been expecting for nearly a year) finally being announced, would cause the stock to drop 100 points in a day should definitely stick to mutual funds. I'm not trying to be offensive. But not everyone should be invested in individual, common stocks.
A fellow I used to work with years ago once asked me how much he could make if he followed my investment advice on some money he had stashed away. I asked him how much he was talking about. He said... $1000. I liked him, so I didn't laugh (right away). I just told him that I could help him make a steady and consistent 2% or so a year. I would even drop him off at the local Bank of America and direct him to the cutest teller in the bank, and she would help him open that savings account