Baraka_Guru

I thought I'd throw this out there.

Analyst Dan Reingold (author of Confessions of a Wall Street Analyst) says trying to be an outsider stock investor is like “being a drug-free athlete whose competitors are all juiced up on steroids.” This is what he concludes on the issue of buying stocks:

Individuals should not be buying individual stocks. I know this is a radical statement, especially coming from a guy who researched individual stocks for a living. But there are simply too many insiders with too many unfair advantages.
-Confessions of a Wall Street Analyst, p 313.

I've read many other things that would convince me to invest in other ways rather than directly in stocks. I've read many contrarian points of view by authors who have very successful professional careers making sure people don't lose their money... ever. It's called "knowing you will retire comfortably."

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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön

Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot