We have helped people for over 25 years. We have seen people make money in individual stocks. Unfortunately, we have seen many people lose fortunes by owning one stock. Very small groups of people inside companies know what is going on there. For every report about why a company is a good buy, there is a report about it for the negative. Stockbrokers learn an art of talking from whichever report they want, whether you are looking to buy or sell a particular stock.
Buying an individual stock means you are making a BIG bet based on the success or failure of one company. We have seen many retirees, widows, and families lose a majority of their personal wealth betting on large companies that didn't work out. We advocate using low cost exchange traded funds and institutional mutual funds that spread your risks over thousands of companies throughout the world.If you are still looking for the tip, find another website. You will not see us recommending you to make any big bet with your dollars. If a stock tip works out, people tout their ability to see the future or feed you another tip. If it doesn't work out, you are out of money but receive plenty of excuses.
To hear the Smart Money Radio Show segment focused on this topic, Please Click Here! (about 7 minutes long)
To hear the full Smart Money Radio Show where Bruce discusses this topic and more, Please Click Here! (about 25 minutes long)
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