Ha ha, a play on the CNBC segment with Jim Cramer they call "Stop Trading! with Jim Cramer". Just take out the "Trading!" and "with" part, and you have a more logical title. Really this is just an attention getter--I hope it worked for someone. Not that anyone will likely read this blog, but if you are reading it and you do take what I have to say seriously, you could save yourself some pain and some money.
This is the 1st part of a 5 part series I have written about the future of world stock markets between now and 2013. The next 4 parts break it down by year. Read on...
Look, Jim Cramer is wrong but he's not the only one. He's just the most visible one. A former successful hedge fund manager/trader who has become a caricature of his former self. "Confessions of a Street Addict" is a phenomenal book and I put it up there with Michael Lewis's "Liar's Poker" in terms of an insiders look at Wall Street. But if you are listening to advice from that guy, you may as well be burning your money in a garbage can. You are better off making 1.29% in a savings account than you are investing in the stock market right now. Have you seen what has happened the past month and a half? Do you think the market is really going to rebound? It might, but it won't last.
There's no sense in elaborating and rambling on--just read on! Read the next 4 parts to this series. It will take you 15 minutes tops, probably much less time. If you think I'm full of it and have no clue, then go on with your life. If you feel like taking my warning to heart, you may thank yourself a few years from now...
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