bpcw wrote: ↑Fri May 20, 2022 1:38 pm
He's been predicting a crash for 30 years he said, I wonder how he'd of faired had he been shorting the market all this time!
The immediate future might be uncertain, but in 30 years one can make a considerable amount of money from mainly rising markets, spend most of it as one goes along (on living expenses, helping out, and luxuries like foreign holidays), and still increase overall residual wealth.
It's a lot to miss out on whilst you wait for a crash, isn't it?
bpcw wrote: ↑Fri May 20, 2022 1:38 pm
He's been predicting a crash for 30 years he said, I wonder how he'd of faired had he been shorting the market all this time!
The immediate future might be uncertain, but in 30 years one can make a considerable amount of money from mainly rising markets, spend most of it as one goes along (on living expenses, helping out, and luxuries like foreign holidays), and still increase overall residual wealth.
It's a lot to miss out on whilst you wait for a crash, isn't it?
Harry that is the most valuable lesson any parent can impart to their kids. When there is crash buy and even with a mediocre one could walk away with a fortune before it is time to retire. But everyone focuses on the crash factor and assumes it is the end of the world when from a long term perspective its nothing but birthing pains before the next robust bull is born
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
