No doubt that is true......
It's like giving your money to the sadhoo baba who promises 1% return/day.
Losing money in the stock market seems so very easy.... Just yesterday i heard of someone who lost 80% of his life's savings in a few months and his wife is worried he'll commit suicide...
Seems like he has no idea about P/E etc. Can one buy stocks just like that???
While we all read about these things in papers it never seemed so real to me.
Edited by subu76 - 05/Oct/2009 at 9:57am