What about the Martha Stewarts that have empires to run and brokers to make sure they stay rich. If you have money the market can be a full time job keeping up.
Just asking not attacking. On 1/25/06, Gruss Gott wrote: > Yeah, like about 30 years ago. > > Here are the levels of modern investors that I've ever heard of: > > 1.) People that save nothing. This is the majority of America. > > 2.) People that have 401k, ROTHs, etc. These people all buy mutual > funds, but usually can only pick from a few or don't pick them with > any kind of strategy. The most they know is that they have a 401k or > maybe they don't even know what a 401k is but they have one. > > 3.) People that #2 and have an AmeriTrade type account they use to buy > and trade stocks they pick. > > 3b.) Moron "day traders" fall into this category. > > 4.) People that #2 & #3, know what an ETF or SPiDR is, and maybe > dabble in options. > > 5.) People that #2, #3, #4, but are heavily into options. The know > what a straddle, saddle, collar, call, and put is and use them daily. > > 6.) Really wealthy that pay for people to do #5. > > 7.) Institutional investors: hedge funds, mutual funds, pension funds, > PEGs, etc. These are the major shareholders of just about any > publically traded stock. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:194325 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
