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Article: Personal Finance: Diary Of A Private Investor - Lead us not into temptation Rushing in where angels fear to tread can leave you with hard lessons to learn. But, when it comes to shares, ignoring smaller and newer companies can be short-sighted
- Article from:
- The Independent (London, England)
- Article date:
- August 12, 2000
- Author:
CopyrightCopyright 2000 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
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AS THE Lord finalised the wording for His Prayer and put in that
bit about "lead us not into temptation", I have a feeling he had me
in mind.
Ever since, as a cyclist, I moved from three wheels to two and
immediately fell off because I would not let my dad hold the saddle,
I have suffered the consequences of rushing in where more cautious
angels fear to tread. It was the same with jobs and horses, I always
picked wrong `uns to start with because I never had the patience to
check them out carefully first.
My initial foray into share buying was doomed from the start.
Armed with a copy of a penny shares tipsheet, I staked my pounds
10,000 nest-egg on five rank outsiders. It was three days ...