(1) Emotion has no place here. (2) If a trader is attempting to sell you how good they are at picking; they aren't good at picking or else the entity would have no need for such small revenues. (3) Do not trust anyone that has no skin in the game.
Michael Vodicka is the President and Founder of the Vodicka Group, Inc., a Registered Investment Advisor (RIA) that specializes in providing customized investment solutions to individual and institutional investors.
I'm the author of The Facebook IPO Primer, a tell-all ebook on investing. I write for old and new media outlets like Barron's, time.com, The Fiscal Times, and more; I have loved them all. Kiddie ice hockey is my guilty pleasure. What's yours?
Professional Equity/Bond trader, managing both my personal account, individual accounts and a Hedge Fund created in partnership with Interactive Brokers that was started on October 2011.
Owner of WarrenTrades.com
One of the Ten People Who Predicted the Financial Meltdown in 2008 according to The Times of London, now warning of a new crop of major economic bubbles. Talks about the investing & trading implications of these bubbles.