April 30, 2004 at 7:45 am
#648609
Inactive
Quite a few people I know lost money on Nortel. One close
friend lost over $100,000.00 and had to almost declare
bankruptcy. From my personal experience I have not met
many people who have made money on stocks. In fact,
I have met more loosers than winners by a wide margin.
From my perspective the stock market is really just one
big slot machine and eventually the house wins and you loose.
Real estate however is where I have met MANY that have
done extremely well.
:rolleyes: