A Word on Speculative Investing
Psychologists tell us that the pain of losing is felt far more intensely than is the thrill of winning. In troubled times, most of us go into hunker-down mode, trying harder to avoid losses than we do to shoot for big gains.
In 2008's financial meltdown, everybody knew automobile sales would fall off a cliff. We were all sure that well-known auto-retailing companies, such as CarMax (KMX) and AutoNation (AN), were doomed....225 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
