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Saturday, 28 April 2012

Prospectin​g....................from Rico

Prospecting.
- It's NOT what you might think.

For investors, the profit is made at the purchase, not on the sell.

Investors fall into three groups.
- Smart investors get "in" before everyone else.
- Bubble investors get "in" just as the bull hits stride.
- Dumb Money investors (think most retail investors) wait until the trend is closing, then get "in" dreaming of a profit.

Clearly, you want to put your money in front of the trend, not during the trend, and especially not after the trend.

To do this you need to be aware of the 'big' picture and ignore the daily chatter and white noise from the FTV teleprompter readers.

Where are YOU on the pyramid?


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