posted on Jul, 6 2008 @ 10:18 PM
Notice all the hyperbole surrounding gold as a safe haven for your money?
Don't buy into it..
Buy Toilet paper stocks..buy Coca Cola stock...its going to be a cold day in hell that Americans give up wiping their backsides..So in terms of your
portfolio..buy stocks in the company's that you use every day..and how far wrong could you be?
Gold is just something to hold until you need something else..20% would be a nice number to have in terms of your overall portfolio..and the rest of
your stocks should be in company's you know and understand..Kotex, Palmolive...for example..soap and tampons..pretty solid sellers..no matter
Don't be afraid to ZIG when the herd Zags and overlook conventional wisdom