If You Want To Lose Money, Here's A Great Tip

Ready?

Here is the tip...

if you want to lose money, just follow Goldman Sachs investment advices, because the chances are great that you would lose money.

Says who?

Well... here's the proof... it's according to them stats!

• Goldman Sachs Group Inc. racked up trading profits for itself every day last quarter. Clients who followed the firm’s investment advice fared far worse. Seven of the investment bank’s nine “recommended top trades for 2010” have been money losers for investors who followed the New York-based firm’s advice, according to data compiled by Bloomberg from a Goldman Sachs research note sent yesterday.

Source: http://www.businessweek.com/news/2010-05-19/goldman-sachs-hands-clients-losses-in-top-trades-update1-.html

Clients who followed the tips lost 14 percent buying the Polish zloty versus the Japanese yen, 9.4 percent buying Chinese stocks in Hong Kong and 9.8 percent trading the British pound against the New Zealand dollar.

ps: Life is great or what....