[MRM]

Day trading. Now there's a term I haven't heard in a long time. I'd recommend against it, but if it's your mad money, you're pretty sophisticated and willing to take the time to educate yourself and work on it, why not?

I have a client who sets up mutual funds. He says there's not that much to investing that the pros do that an individual can'tdo himself. He says the difference is that trading on your own account is a full time job, so you either work your portfolio full time or you work an ordinary job to make money and put your savings in a mutual fund or index fund where someone else watches it for you as his fulltime job.