Here's another blog about investing :) I've always considered myself to have an agressive investing strategy. For those who aren't familiar with the lingo, you might be tempted to call it being risky. I tend to buy stocks of smaller and lesser-known companies in the belief that these types of companies have the biggest potential for growth. I've been able to justify this strategy by telling myself that I'm "young and can afford to take the risk."

Well, it also turns out that mutual funds are for losers.

"Today, there are millions of working people who are afraid of losing their jobs and of losing money in the stock market. That means they may never be able to retire.

These are the people who fall victim to the investment-and-advice gurus who recommend that they work hard, save money, get out of debt, invest for the long term in mutual funds, and diversify. Is this advice for people who play to win, or for people who play simply not to lose? I'll say it again -- grow up.

Look at the performance records of mutual funds and you'll see who the winners are, and why salespeople recommend that you invest for the long term. Over 40 years, most mutual fund companies retain approximately 80 percent of the gains while investors receive a paltry 20 percent. Investors also put up 100 percent of the capital and take 100 percent of the risk."