Frank Armstrong
Frank Armstrong
afford capital investment ira protect risk somebody time
If you're 22 and just out of school, you can afford to make a risk because you'll have a lot of time to make it up before you retire. For somebody mid-career, you can take a chance, but if you do that, you have to protect your investment capital -- your IRA and your other savings.
locked losing money
They're not losing anything in the way of deductions. And their money is locked up for a long time.
active adding chips course managers obviously periods time win
If you put all your chips on 'red 39,' of course you're going to win from time to time, ... Obviously you get periods when active managers look like they're adding value, when they're really just in a different part of the market.
drop dropping matters question
The only thing that matters is profit, ... This drop in the Nasdaq is long overdue. The real question is not why it's dropping but why it got so high.