Quote:
Originally posted by tabascobobcat
My cell mate at work next to me is in a similar situation. One year ago he gave his broker the go ahead to try the vertical credit commodities deal. He returned 89% last year and 12% last month alone. Makes my 15% with Vanguard look stupid and got me to thinking.............
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That's the stuff of party conversations. Everyone loves to tell you about that special investment that they made that generated XXX% return. What they never tell you about is all of the deals on which they got hosed. It's kind of like a person who brags about winning $5000 (less taxes) in the lottery, and neglects to mention the fact that they've been buying $5 of tickets a day for the last 6 years to do it!