For some reason there are people who think that if they invest in stocks they are almost guaranteed a profit in the long run. However the hard truth is that you can lose your life long investments in a matter of days as some people found out in the Enron disaster where the company hid its losses. It led to innocent people losing their life long investments in days when the share prices plummeted and the company filed for bankruptcy.
Bernard Madoff scandal where he defrauded his clients of $65 billion in the largest ponzi scheme in history is another wake up call for us all. This was in spite of the fact that the US Securities and Exchange Committee had oversight responsibilities over his fund. This only goes to show that it is extremely dangerous to put all your eggs in one basket. It is better to spread the risk and go for almost worry free investments.
The following video by G Edward Reid will endeavor to acquire worry free investments.
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