I used logic and reasoning a year ago… concluded that the dollar policies and coming bailouts were going to reduce the value of the dollar, and decided to put 10% of my net worth in VWIGX (Vanguard Intl Growth fund, highly diversified, mostly European companies) and another 6% in FXE (Euro EFT). I lost big time!
10 days ago I used my logic again (not having learned from George Constanza) and bought GE at $7, PVR, and US Bank Preferred G, all dividend-paying stocks, and I made a killing! But I only put in 2% of my net worth…
