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Ask Marilyn: Does Marilyn Play the Stock Market?
Rob in Miami Beach, Florida, writes:
Marilyn: Have you ever turned your IQ to predicting the stock market? It is the biggest game ever played, and prices seems to boil down to the whim and collective opinion of investors.
No, I can't predict the stock market: It makes no sense. The only way to make money there is to study the subject extensively in order to avoid making the errors that most individual investors make and learn about many of the dynamics involved. This is an enormous undertaking. And afterward, it's still gambling—just with improved odds.