Frequently “Oaked” Questions

John Noonan Uncategorized

You Asked, So We’ll Answer   FOQ: Can I lose all my money? Short: Nope. Long: We’ve all heard stories of someone’s cousin or whoever “losing it all in the market”. Here’s how that happens: Pick a stock, any stock, or maybe one you like (weed stocks are a popular pick these days, though slightly behind small pharmaceutical stocks racing for a virus cure). Put all your savings into that one stock, and if it’s anything like Enron or Sears or Pan Am or Lehman Brothers…poof! David Copperfield would be proud. For each of those high-profile bankruptcies, there are hundreds …