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Article:
Can't Stand The Heat'. by: Brian Weiss It seems that every day I turn on the TV and find a Poker game. Texas No Limit seems to be all the rage these days. I love watching it. When I discuss this with others, their response is always the same, 'You should play.' Ah, but what they don't know is I stay out of the kitchen. As far as risk to reward ratio. That's a gamble I'm not willing to take. I prefer to invest my money. Sometimes I gamble in the stock market, but as long as I stay within my comfort zone (long term), I don't mind. Tolerable risk should be the goal of every investor. Know your limits! Here are my big three don'ts: Don't invest more than 30% of your portfolio in risky ventures; Don't let your broker/advisor talk you into an investment; Don't gamble with money you're not ready to loose. Here's a poem I wrote about a real person. There once was a man from the North East Who thought he could tame the great beast Money in hand, he headed to Wall Street A Bull market it was, an IPO investment he couldn't beat The morning bell rang and he started to buy' Drug store, MP'3
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