Monday, February 21, 2011

Using Wall Street Wisely

There has been too much Wall Street bashing from left-leaning politicians.

I have myself directed some criticism at Wall Street who may have contributed to actions that helped foment financial panic.

But I always have made this distinction about Wall Street: It’s both an investment and also a constant-trading medium. Both are essential. But trading aspects can go to extremes. When extreme actions occur, there can be potential danger. It is thus essential that the public understand how Wall Street operates.

In that regard, you must always remain disciplined in your use of investment strategy. ( See the Earl J. Weinreb NewsHole® comments.)

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