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Author: splotto Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35400  
Subject: GORDON ESSAY Date: 4/5/2004 6:54 PM
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Hello:

Another essay from Dr. Gordon on building portfolios.

http://www.financialsense.com/editorials/gordon/2004/0404.html

Based on my own personal and family experience in the Great Depression, the specific circumstances and consequences this time, with a world population of debtors instead of savers, will be impossible to estimate. In this country, I expect that at least 99% of our families will be totally surprised and devastated financially. With our governments at all levels broke and heavily indebted I do not see how we will handle the health and welfare of multi-millions of unemployed. It will be every family for itself to escape a major disaster.

I have been trying to warn all my readers for the last two and a half years, but have reached just a very small percentage thru my writing on the Internet. There is no way I can influence people in masses; it has to come person by person and family by family. I strongly urge each family, large or small, young or old, to get their family finances in the best possible shape.

I have made some progress in getting readers to start their own investment program rather than relying on brokers and advisors who do not have the knowledge or ability to help them. In this piece, we will concentrate our efforts on helping knowledgeable investors plan and manage a fairly large and complex portfolio. It will tend to summarize all of my research findings of the past year. Some of its information will have value for investors working with small or simpler portfolios. Now, of course, there is absolutely no reason why anyone cannot have several portfolios of different size and composition. Based on my lifetime, there in no age or other limit to expanding your investment knowledge any way you desire.


Splotto

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