August 1, 2007
By seadmin

“We all look for lost time."

—Christian Lacroix, fashion designer

I’m not really sure in what context the eminent French fashionista uttered these words, but when I read this quote it reminded me of how many people run their own investment portfolios. Often we see people jumping on the bandwagon in stocks just when they should be proceeding with extreme caution. In an effort to make up for lost time due to bad decisions or not saving enough, many people tend to take too much risk with their wealth. Yes, you have to take risks to make money; however, the worst thing you can do is expose yourself to too much risk in a vain search for lost time. Be smart, and act in defense of your our money.

Wisdom about money, investing and life can be found anywhere. If you have a good quote you’d like me to share with your fellow Alert readers, send it to me, along with any comments, questions and suggestions you have about my radio show, newsletters, seminars, or anything else.

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