Friday, July 29, 2011 4:44:05 PM
does it mean the pps is heading north? If that was the case all that one would have to do is buy stocks that just had some institutional buying. Then, all we would have to do is buy mutual funds and we will automatically make money. It will not be a lot of money but a lot better than losing money. And with the power of compounding with all that money you will be rich by the time you retire.
But then you have the stats that say that mutual funds don't beat the averages like the S&P. But that is precisely why they came out with index funds so that people like us can have an easy, safe, and automatic way of making money. It's all out of the goodness of their hearts that they want us to make money. It has nothing to do with the people who run the mutual funds making money and a lot of it with other people's money.
And with the SEC watching over everything and making sure that all of the rules are followed and those who break them end up in jail a la Martha Stewart how can we lose?
Sell PPHM, give your money to the pros and let them make money for you.
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