Tuesday, September 18, 2012

Fear and Greed!


Here's a stock quote for you that my friend Troy gave me:
"People make financial mistakes because of two reasons: FEAR and GREED."

So when buying and selling stocks, WHAT is motivating you?!

News update. Yesterday the stock market retreated from its 2007 highs. My friend Bryan believes with Phil Town that a big stock crash could be in the making. Its definitely possible. I asked Bryan what the bad news would be that would create the crash and he replied that we're being surrounded by bad news. Here in the US, our economy is not getting any better. Europe is holding on by a thread. And now even China is having to cut back and their projected growth is being stunted. I'm guessing that perhaps the FED is pumping 30 billion dollars into the economy every month now on an almost vain hope of reigniting the economy. So with all the fear out there, what do you suppose will happen?

1 comment:

  1. Absolutely right.. Albie.. owing to greed people not only make mistakes but greed also makes them to commit Frauds in business and company and the Investigation of fraud becomes truly difficult. Only an expert Investigation agency can help you get rid of this and to avoid such situation to arise in future.

    ReplyDelete

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