If you think I throw my money aimlessly, you're dead wrong. I've doubled my IRA in less than two years, thank you very much.
My age doesn't have to do with anything. What am I supposed to do? Throw money at General Motors or Enron or Winn Dixie because I don't know what I'm doing? Frankly, I can't do a damn thing about my age, in case you haven't realized. If I'm so inexperienced, what are you asking advice from me for?
I don't predict major economic changes because they almost rarely happen. Most of the clowns who predict things like that on CNBC wind up dissapearing.
It would be better for you to play the international market. Surely, for a man your age, you would know that the global economy is growing and trade between nations is increasing.
If you're still hard headed, and you want to catch a falling piano by predicting a bear market, you should stick your money in bonds or bond funds, in my opinion. I thought you would know that. Historically, when stocks go up, bonds go down. The reverse is true in bear markets.
Sorry if I sound a little mad. I'm a little tired of people telling me I don't make money and that I don't know anything because I'm "young."
