Ever been tempted to invest in an IPO (initial public offering)?

Do you think that IPOs are sure bets?  Think again.

Vonage, WebVan, and Pets.com are just a few examples of IPOs gone really bad.

Investing in individual stocks (as opposed to mutual funds or ETFs) represents legalized gambling and IPOs are the roulette wheel.

Read the whole story:  Seven disastrous initial public offerings

"Steady plodding brings prosperity, hasty speculation brings poverty."
Proverbs 21:5