Monday, January 12, 2015

Being smart with $$ - Take investment advice with a grain of salt


Do you like salt? Well, at least one grain should be taken along with most investment advice you receive. I read 2 finance magazines today.  Money Magazine has an article "Why China is Over." Kiplinger's Personal Finance has an article "Time to Buy Chinese Stocks."  Both written by smart people.  They took the same information and came to opposite conclusions.  So remember, next time you read about an investment tip, ask for the single-grain salt dispenser before acting.
- Larry Pike, CFA
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