Mutual Fund Fiasco! ...Are you the 1 out of 11,585?

Wow, all those people that had millions in mutual funds this year, ALL, I repeat all but ONE lost money with negative returns. See the article. That's right, out of 11,585, only 1 made a positive return! While I know its been a bad year, there had to be more than 1 person who saw this coming! Ouch, talk about a lack of foresight. Actually, they comment about my leader board positive returns in this article which is nice.

When you strip it all down, this is a classic case of resting on your laurels and becoming complacent. Forgetting to study history, and just using what happened the last few months as the precedence. All those fancy lunches, slick brochures, decadent offices, and hot secretaries didn't make a bit of difference when picking your fund manager. See, nothing is too big to fail. And this is a classic example of how following the "herd" can be detrimental to your health. It goes to show you that you can lose 10 years of gains, in just one year. Don't think of it as a problem in just in financial markets, but such a devastation can happen to your health, your house, or more abstractly, your mental state. Things compound, and reach a tipping point, often a cliff, so the way down is often a free-fall. Please watch for the warning signs, signs that I will try to give you on my blog.

Believe it or not, they make mention of me in this article, and my stock returns are very positive in this bear market. I happen to be shortseller. One of the reasons I bring this up is to show you that I put my money where my mouth is. I am just not some bear who talks about doom and gloom, just for fun and profit. Not because I am negative or cynical, but because I am a realist. A "watch out for what the herd's doing" prudent individual. So, just to develop some credibility, I am posting my gains on my blog.

I am not looking for praise or status, this is to let you know I am more then just an alternative health "granola" as some they call us. :) I'll let the returns speak for themselves, and they are realized, I sold everything on Nov. 20th. It took probably 1000's hours of studying and research, but I have done it. :)

So, if you want to stay abreast of my musings, enter your email address in the box to the right. ;0 Good luck in this volatile market. Not trying to scare you, but I hope you are ready for the Great Depression II. Try not to get too down, this is a time for renewal and to get back to the fundamentals of what life is all about. Now that you look back, didn't things quite a bit excessive? And we all know what happens when you get to much fat! All kinds of diseases bubble up!! No pun intended. ;) Little Recession humor anyone?

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