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Money Turnover Icon Images

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Warren Baffet richest and the cleverest investor in America, holds own opinion about a diversification. He speaks: the Diversification is is sewn up for ignoramuses. It has no sense for those who knows that does.

I wish to underline that Warren Baffet does not urge to refuse a diversification. He repeatedly declared that itself is not engaged in a diversification, but he does not advise to you or to someone to another to refuse it. He simply says that the diversification is a protection for ignoramuses. In other words, if you do not wish to be engaged in a diversification, study. If you are not trained the financial reading and writing and are not going to to it to study, then diversify, diversify, diversify.

The rich daddy with frankness peculiar to it would tell easier: itIf you understand nothing the finance, diversifyit. In 1979 he has told to me: itOne of many defects consists that this law does not stimulate people to get financial education. President Ford and the congress have changed the law, but have forgotten to set for an education system a problem of the organisation of appropriate financial training, it training of the financial literacy necessary for people, captured by pension schemes of category DC. Instead politicians have assigned sphere of financial education to people with Uoll-Stritit.

Somehow subsequently the rich daddy has expressed on this subject with a fair share of sarcasm:it To ask Uoll-Strit to be engaged in financial education of the population is all the same what to ask a fox to bring up your chickens. If the fox is clever enough, it will show patience and will grow up very fat chickens. The fox will not feel sorry for forces to gain trust of chickens and consequently will care of them, giving them the glossy prospectuses, smartly arranged offices and the nice sellers trained in language of professional investors. All these sellers are trained to use the same pseudo-intellectual financial slang given the shape of thoughtful councils of type itInvest for long term, get the pension plan, put up money in groups of funds of one company, sector funds,it small caps it(actions of funds with low level of capitalisation), not taxable municipal bonds with 20 percent profitableness, REIT ( investment trusts specialising on the real estate), Roth IRA (individual pension bills Dew), prolongations of credits, actions of high technologies,it blue counters it', new economy and, certainly, diversify, diversify, diversifyit it. Meanwhile the fox smiles. She knows that chickens are happy. In the new refuge they feel in safety. They have guaranteed job and the money entrusted financial geniuses. They see, how in 1990 share market all rises above and above, and like consciousness of the wisdom and wisdom of the adviser. They are assured that their expert in financial planning will always look after them, will make their rich and will protect from the severe and ruthless world behind hen house walls.

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Business Icon Set Business Icon Set is a library of fine-looking stock icons for use in programs and on websites. They are provided in a variety of formats, sizes and color schemes.

Free Business Desktop Icons Free Business Desktop Icons is a collection of 10 ready icons to be used in commercial and personal projects, including software, webpages, blogs, and presentations. The images are free for personal, frequent and commercial use.

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