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Warning, you can lose money when investing

http://news.cnet.com/8301-13577_3-9994087-36.html?tag=nefd.top

I thought this article was interesting.  It shows that it is entirely possible to lose money when investing.  PodTech took approximately $7 million in capital and turned it into $500k.  This is a hard thing to swallow, but its unfortunately the truth.  Invests don't always grow, in fact, they typically fail in the technology world.  I had lunch a couple of weeks ago with an investor friend.  He said that when you invest in a tech company, there are two outcomes:

  1. A big payout.
  2. Zero.

His point is that there is no inbetween.  These things happen.

Wally

Published Jul 18 2008, 12:19 PM by wallym
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Wallace B. (Wally) McClure INETA Speaker's Bureau Microsoft MVP ASPInsider Co-author of "Beginning AJAX with ASP.NET" Co-author of "Professional ADO.NET Programming" Co-author of "Building Highly Scalable Database Applications with .NET" Master's Degree in Electrical Engineering from Georgia Tech Bachelor's Degree in Electrical Engineering from Georgia Tech
2006 - Wallace B. McClure
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