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Archive of entries posted on 24th May 2018

Say No. Auction Rate Preferreds revisited and the Panic of 1907.

A big part of successful investing is generating ideas. An even bigger part is learning to say NO. Rule #1: don’t lose your money. Three idea sources are most dangerous: + Friends, + Brokers, and + Financial advisers. Which brings me to: Remember Auction Rate Preferreds? They were like bank deposits only better. They were […]