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alfiejohn_ | 12 years ago

When someone without knowledge in the markets tells you to buy something, it's time to get out. They either heard that golden advice either on TV, the radio or read it in a newspaper but the common denominator was that it was probably a paid ad by someone who wants to offload as much as possible to the next sucker^Winvestor.

So remember, when your bus drivers or barista tells you to buy Microsoft shares, it's probably best to consider Put options.

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user24|12 years ago

> When someone without knowledge in the markets tells you to buy something

You're probably right, but she wasn't saying "buy it" just mentioning its existence.

And the buy/sell mentality only really applies if you're planning on "cashing out" at some point.