Word: investment
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Dates: during 1990-1999
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There's just one catch: it can't be done. A report from the Day Trading Project Group of the North American Securities Administrators Association showed conclusively last week that the majority of people attempting to day-trade professionally lose "everything they invest." Does this sound similar to casino gambling? It is. Both involve bets on random moves that come with heavy tariffs and that ensure it's a rare gambler who can beat the house over time...
...professionalism to those who would gamble away life savings on random, short-term moves. Let's stop confusing these two contingents before we scare those who have the confidence and skills to be their own adviser and embolden those who should know better than to bet instead of invest...
...even though I would not be there for the big event) was not available. Aside from a few shops selling chintzy eclipse tankards, mugs and posters, I only found one selling T-shirts. And there was only one variety. The stores didn't seem to have the capital to invest in pricey eclipse souvenirs...
...even though I would not be there for the big event) was not available. Aside from a few shops selling chintzy eclipse tankards, mugs and posters, I only found one selling T-shirts. And there was only one variety. The stores didn't seem to have the capital to invest in pricey eclipse souvenirs...
MIGHTY MICROS Mutual funds that generally invest in companies valued at less than $500 million have not exactly been star performers these past few years, buried by raging big caps. But it may be time to get small. The average micro-cap fund surged 19.8% in the first six months of 1999, up from last year's measly gain of 1.4%. That's almost double the return of the average diversified stock fund. Micro-caps are even beating out the Standard & Poor's 500 index. Micro- caps' relatively low price-to-earnings ratios have made them increasingly attractive. And they...