Let's get something straight right from the beginning. Much of today's stated ideas regarding "investment" is simply gambling.

In my mind -- and admittedly it's an old (and hopefully wiser) one -- gambling is about risking everything for an uncertain return. Few would disagree. But today's idea of "investment" is that any "fees" as well as any "principal" initially put up is liable to loss; in many instances the "investor" can even incur debt! What an "investment" means to me, is that any and...
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