No. of Recommendations: 0
No, Loki, you're not wrong at all to be worried and reluctant to act. It's a murky, scary situation that's difficult to hedge.

However, were a would-be investor to do the fundamental research you are so shrewdly suggesting --i.e., finding out exactly what the exposures of the banks' are and who is likely to bail them out (this time around)-- then the speculative element might become attenuated to the level of manageable risk, and things in that category can be called invstments, (because all undertakings have risk, the question only being its size and likelihood compared to alternatives).

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.