Avoid Terrible Tips

Physician's Money Digest, September30 2004, Volume 11, Issue 18

Never listen to rumors, tips, orinside information when considering astock purchase. Be wary of this misinformation,whether it comes from yourphysician colleagues, friends, or favorite financial columnist. Many an averageinvestor has gone down in financialflames thanks to a hot tip. Rely onsounder methods of picking gems foryour portfolio. Before investing, alwayscheck into a company's performancerecord. Obtain and read prospectusesand annual reports. The easy road ofrumors and inside tips will neverreplace personally checking the dynamicsthat produce the stock's gain or loss.