Strategies That Beginning Investors Should Avoid

Mr. Cheap, who has a blog called Four Pillars, has written an article about investment strategies that beginning investors should avoid.  A lot of it comes down to 2 good pieces of advice:
1.  If it sounds too good to be true, then it probably is.
and
2.  Don't invest in an investment product or industry you don't know.

I would throw in a third piece of advice based on some experiences of people I know:
3.  If the investment is based on a secret or global conspiracy (New World Order), you are more likely to make someone else rich than yourself with your investment.  Enough said on that here.

Check out the more detailed article at Four Pillars.  http://www.four-pillars.ca/2009/09/17/beginning-investment-strategies-to-avoid/ 
Keep your investments safe
Jerry