RANT & CHAT - No Politics

[NovoMira]

I live in a small town, Sara...when I started investing I didn't have too many choices when it came to brokers. I knew next to nothing about the market (I'll never forget the expression on the face of my first broker when I asked what OTC meant. LOL). Boy, he must have been gloating inside as I ended up buying a lot of junk based on his recommendations. Oh yeah...I also learned what "churning" meant during that time.

He eventually was fired...replaced by a guy who advised me to sell all my stocks and buy mutual funds. (I didn't do it.) He didn't last long either...the next guy pushed bonds. The last broker I listened to ended up in that comfortable housing the Feds provide.

I've managed my own investments for some time now and while I still make mistakes I sleep better at night.