Investing in 2012: Get ahead of forecaster folly
http://dervishcom.blogspot.com/2011/12/investing-in-2012-get-ahead-of.html
The new year has arrived, and so investors are inundated with all manner of lists: Best and worst stocks for 2012, forecasts of where the economy is going, favorite investments for the year and more.
What's an investor to do? You should start by ignoring those lists. Let's conduct a little experiment to demonstrate why: Do a quick Google search for "where to invest in 2011." I read through the first dozen or so. For the most part, the performance was pretty awful. Before the excuse-making starts — 2011 was an unusual year, the ECB/Fed intervened, etc. — let me clue you in to this fact: Forecasters are pretty awful every year.
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Source: http://feeds.washingtonpost.com/click.phdo?i=687f0d6a6c7c76a80df3a7fc21b5c567
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