Re: fwiw, "I know what I own". Actually, no, she now understands it's a "gamble"
posted on
Mar 26, 2010 04:25PM
<"This is a gamble on my part..."
I genuinely congratulate her evolution of recognition evidenced in the post above, she's a better investor for it.>
I don't interpet the above in the same way.
What investment, other than US Gov't bonds, is not a gamble? It's all a gamble. Some have better odds than others. Knowing that an investment is a gamble is meaningless information. How big of a gamble is the question.
Understanding the risk/reward probabilities of a particular investment is knowing what you own, not that it's a gamble. I congratulate all those who have done DD and understand the risk/reward probabilities of PTSC. Hopefully that is most everyone here.
Opty