| ticletext"> | | | | have laughed at the suggestion that the great |
| When you are in the stock market a buy and | | | | companies of the past would ever fail. Bankruptcy |
| hold plan with no exit strategy is very risky. To | | | | of General Motors was unthinkable not so long |
| begin with, buying a stock is one of the riskiest | | | | ago but we all saw it happen. The list of once |
| things we can do in the market because, without | | | | great companies that went under is long today. |
| stop losses or using options as protective puts or | | | | Those who were buyers and holders of those |
| some other kind of hedge, the risk is you could | | | | companies suffered in the worse way possible. |
| lose your entire investment. Many very big and | | | | American companies have been going into |
| strong companies have failed and vanished. | | | | bankruptcy at a rate of hundreds a week! |
| There was a time when many investors would | | | | |