Oil.

Remember back in March when Goldman Sachs and a host of other experts predicted $200-a-barrel oil. At the time oil was at $130, then it ran to $147 as money poured into energy related investments.

Oil is now close to $50!

Now the point here is not whether Goldman was wrong (after all if you take the time to read the report it was a long-term forecast and may well be right on), the point is that when we take these forecasts and ACT on them we are making SHORT term bets with LONG-TERM money.

That is speculating not investing! And financial planning and speculating DO NOT MIX!