Last week I talked about what I was doing with my own money, and how looking at a company's 5500 filings can shed some light on which stocks might be a good bet.
And that's really all investing is, isn't it? Betting. You bet for a company's star to rise and against their CEO getting arrested in an arson probe. Buying a stock is not much different from playing blackjack, and just like learning to count cards, there are ways to up your chances of, maybe not hitting big, but at least hitting smartly.
We used the data behind FreeERISA to take a look at every 2010 form 5500 filing that had been made thus far, nearly 150,000.
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