Livin’ It Down
My ship came in and she sunk it
I was the toast of the town and she drunk it
I had a run of good luck and she ran it right into the ground
And now she’s puttin’ on a show and I get to play the clown
–Delbert McClinton, “Livin’ It Down”
The great Delbert McClinton knows how to deliver a tune, but in this classic song the lyrics could also apply to investing. You see, just when you think you’ve got the market figured out, and that nothing can go wrong, circumstances can turn right around and bite you. Remember that the next time someone tells you about a “sure thing” investment.
Wisdom about money, investing and life can be found anywhere. If you have a good quote you’d like me to share with your fellow Weekly ETF Report readers, send it to me, along with any comments, questions and suggestions you have about my audio podcast, newsletters, seminars or anything else. Ask Doug.
In case you missed it, I encourage you to read my e-letter column from last week on Eagle Daily Investor about whether ETFs are as risky as other investments. I also invite you to comment in the space provided below my Eagle Daily Investor commentary.
All the best,
Doug Fabian
Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.
His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. Read more about Jim Woods.
