Browsing through the latest edition of the Carnival of Investing, an article caught my eye: "Lost Money In the Stock Market, What Should I Do?"

I know there are many of you who are asking the same question, which is why I felt the need to share this particular article.

I do like the advice that was given - to go out and educate yourself. Too many of us rely on "financial advisors" who tell us where to put our money. And it's true, many of these so-called advisers are just people who have been trained to sell rather than offer real advice. (Read more about this topic in a previous post, Beware of the Financial Advisor).

Isn't it interesting that we often resist listening to the people closest to us when they offer advice about money, relationships, or careers, but so quick to hand over our hard-earned cash to a self-proclaimed financial advisor who we've only known for ten minutes?

I'm not saying that there aren't any financial advisors out there who know what they're doing because I'm sure there are. The message I'm trying to relay here is to be careful who you trust your money with.

If there's only one piece of advice that you take away from this blog, that is it!

You may recall a recent blog post I wrote about gold and whether or not it is a good investment. Well, this article over at Reuters reports that gold miners' shares are up as gold futures shot up over $1,000.

The all-time high for gold is $1,033.90 which came last April.

With the stock market dropping this past week, people are looking at other investing avenues. Gold seems to be a "safe haven".

I've always considered gold to be a safe haven because for one, people will always buy gold jewelry. Many luxury items still use gold as a material to invoke "bling-blinginess". (Please excuse the phrase as I couldn't think of a better one!) There are gold phones, gold pens...Heck, even buildings are made of gold!

However, on second thought, is there an investment that is really and truly a safe haven? Or will people flee back to the stock market if gold futures start to slide?

Photo Credit: Jeremy Schultz

"Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years." --Warren Buffett

One company I've been thinking about investing in and would do so if the market were to shut down for ten years would be Hershey's (NYSE: HSY).

As long as people continue to love chocolate, Hershey's will always be in business!

For those of you who are involved in day trading and market analysis, you may be interested in this video that offers a stock tip regarding indicators.

I personally have no real interest in analyzing stock charts, so I have to side with the presenter in this video. If I did any day trading, my indicator would be "gut instinct".

Click here to find out more about stock market indicators...