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<p>[QUOTE="fatima, post: 1312300, member: 22143"]Amazon comments are a fun read. What I notice is all the comments on making lots of money by the methods in this book ran from 1999 to around 2008 or so when they simply stopped. LOL. During the period leading up to the bubble, it was found that a chimpanzee picking stocks often did better than most of these guys selling books and for that matter stock advisors. (Why write a book for investors when you can make far more by simply following the strategy?)</p><p><br /></p><p>IMO, none of these schemes and similar such are $ cost averaging are investment strategies. They are investment methodologies for a strategy that has already been decided upon. i.e. A party has already decided their strategy will be to buy X because of Y. (everyone says stocks are a good way to get rich without work) and these methodologies are touted as a substitute for doing the required homework on whether the investment makes sense or not.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1312300, member: 22143"]Amazon comments are a fun read. What I notice is all the comments on making lots of money by the methods in this book ran from 1999 to around 2008 or so when they simply stopped. LOL. During the period leading up to the bubble, it was found that a chimpanzee picking stocks often did better than most of these guys selling books and for that matter stock advisors. (Why write a book for investors when you can make far more by simply following the strategy?) IMO, none of these schemes and similar such are $ cost averaging are investment strategies. They are investment methodologies for a strategy that has already been decided upon. i.e. A party has already decided their strategy will be to buy X because of Y. (everyone says stocks are a good way to get rich without work) and these methodologies are touted as a substitute for doing the required homework on whether the investment makes sense or not.[/QUOTE]
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