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In todays rabbit-fast world, it pays to remember that the tortoise won the race. For investors, dollar-cost averaging a slow and steady investment plan can be a winning strategy.
Derail the investment firms’ gravy train (St. Petersburg Times)
In the rarefied world of Goldman Sachs, money talks but apparently it doesn’t listen very well. The investment firm’s announcement that it is on track to pay huge, pre-economic-meltdown-level bonuses to its executives and traders means it is utterly deaf to the simmering resentments of everyday Americans whose desiccated pockets bailed out Wall Street’s bulging ones.
