Monday, February 1, 2016

Being smart with $$ -- The experts are often wrong

The experts are wrong! Well, sometimes they are.  Billionaire Carl Icahn said Apple would go above $200/share by year end 2015.  It ended around $105.  Oil tycoon T. Boone Pickens said oil would go to $100.  It ended 2015 around $38.  (As seen is Money Mag, Dec. '15).  The experts don't have crystal balls so don't assume they will be right.  Diversifying properly will protect you from betting the farm on a wrong call. .
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com

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