Do you think anybody would take investment advice from an internet discussion group? I think the piggington group is above average intelligence and income and education, so we are using this economics and investing discussion as one more input in our existing portfolio plan. I hope it is not the sole investment input for anybody.
Any internet discussion on investing is just food for thought. For me, it has been very productive to exchange ideas. Where else would I have learned about bear funds, buying gold (which I used to think of as a worthless metal), or selling my house? Bloggers have enriched my investing experience, but the foundation was laid before I came here. People need a foundation and then the blogs are just additional food for thought. If I were younger and didn’t have my roadmap already, I would be in Rich’s office to get myself all set up for asset allocation, insurance, trust, etc. Those are the foundation. Good point, cabinboy.
