Thursday, December 30, 2010

Surefire Predictions for 2011

1. The market will go up, down, or sideways
2. The economy will go up, down, or sideways

The point is that nobody knows what is going to happen in the markets, the economy, and the world. Yes, some people will get it right since there are not too many different possibilities, but a broken clock is right two times a day. Predictions are fun to read about or watch on TV around year end but they are no way to run your investment portfolio. Base your investment decisions on verification, not prediction.

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