Most attorneys, accountants and medical doctors achieve their social position and income by believing what they read. As a student, if you question data in a textbook, you are unlikely to pass final exam. This pattern of read and believe gets student from first grade to medical school or law school. Believing what you read in a business plan is often a mistake. Professionals tend to believe written word. Doing so as basis of a risk capital investment is fatal. As more than one professional has told me when they turned in their wings, "I guess I'll have to raise my fees to offset my business loss." I've often wondered if barring professionals as angels wouldn't lower legal and medical costs.

Small business owners believe they are "smarter than average bear." It's their ego that often clouds their judgment. If you don't believe that you've made a mistake, you'll dump more money into a black hole investment. It's this group that are most likely to turn in their wings as they file for Chapter 11. "There's a time to hold them and a time to fold them." Successful small business people don't believe in folding.

There are always angels coming into Market. We live in boom times. The population of angels is growing. If you can catch a nearby angel, do it. It's best to catch them before they see financial fire that awaits most of them.

As with buying lottery tickets, there are a few successful angels. I'd like to see a study of how long they last, if they beat investment odds.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]

As long as U. S. Dollar is strong, Bull will win every battle with Bear. The Feds buying unlimited stock means Stock Market is backed by "Full Faith of U. S. Government." For Bear to win, U. S. Dollar must be seen as worthless. This will eventually happen. It's unlikely to happen in next ten or fifteen years. When it happens, we'll face worst Depression in History.

What will bring down World Economy? It'll be derivatives. What will bring down our Civilization? It'll be collapse of environment. Both will happen in this Century. Neither will happen this year.

To contact author: Visit Beowulf Investments website: [http://home.earthlink.net/~beowulfinvestments/] Or, visit Global Village Investment Club Website: [http://home.earthlink.net/~beowulfinvestments/globalvillageinvestmentclubwelcome/]