For several weeks now the stock markets have been in a very good shape right around the globe which must be a very soothing feeling especially for those that are still licking their wounds having to cope with losses.
But theres a flip side to this positive global atmosphere. And that side is pretty dark especially for newbies. What I mean is that more than ever people are being bombarded with investment recommendations that resemble gambling more than anything else! These stock recommendations have absolutely nothing to do with a serious and thoughtful investment.
Not only several renowned newsletters are trying to draw investors into buying stocks that will allegedly double and tripple within days, but also spam emails are infesting the inboxes of many email accounts. I get hundreds of these emails every week that promise profits that are from another galaxy and beyond our imagination.
These newsletters and email spams recommend stocks that most of us have never even heard of.and in many cases we dont even know how to pronounce the companys name.
It makes my stomach turn when I read the recommendations of these carnival barkers because I know that,...