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Rule #1 - Do not lose money! Rule #2 - Never forget rule number 1! ( by: Warren Buffet )

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Analysts Should Not be Trusted

Analysts should not be trusted. Have you ever read the stock recommendations right before a huge downturn in the economy. Everything says to buy. Have you seen a poorly performing company that was about to go under. The analyst rating will say to buy. Do you see any trends in the market. Analysts will tell you to follow the trend.

How do you make money in the market? You must go against the grain. Why? If you want to buy securities at low prices, you need to buy when everyone else is selling. If you want to sell at high prices, then you sell when everyone else is buying.

The way to do that is to go against the trends. People that follow the crowd are usually too late in their information both getting in and out of the stock. The smart money moves first and the pretty smart money follows the smart money. The dumb money follows the crowd without performing their own math calculations and making their own decisions.

Relying on analysts that don't care about your money is a very bad move. Analysts are basically being paid to lie with numbers. They should not be trusted. Here is a new idea, trust yourself first and make your own calculations.

























































 

 

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