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Author: Watty56 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 77358  
Subject: Re: Looking for Advice Date: 11/11/2006 11:49 AM
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Then there are places here, like Mishedelo's board, Rat's board, and the MI boards where people actually try to solve problems.

Part of the reason that suggestions about doing your own stock picking are so poorly received on this board is that it is geared towards "retirement investing". To bet you retirement on your stock picking skills is very risky and lots of people have gotten into trouble doing this.

I don't follow him but even Jim Cramer on Mad Money makes it clear that the stock picking that he advocates is strictly for your "mad money", not your core retirement savings.

"Cramer defines "mad money" as the money an individual has left over to invest with, after paying bills and setting aside funds for retirement (Cramer does not recommend speculating with retirement assets)."


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