Remix.run Logo
rustfreeforme 2 hours ago

[flagged]

thunderbird120 2 hours ago | parent | next [-]

This is a near perfect encapsulation of the exact type of person you should not take financial advice from.

dosisking 34 minutes ago | parent | next [-]

And your dismissive comment is a near perfect encapsulation of why "the majority is always wrong."

rustfreeforme an hour ago | parent | prev [-]

OK buddy, then my advice is Go All In. You deserve it.

JKCalhoun 2 hours ago | parent | prev | next [-]

"Here is what better advice looks like: don't buy/sell any securities unless you, personally, know exactly how and why you're going to profit from it."

For people like Warren Buffett, that's his full-time job—figuring out how and why he is going to profit.

Me? I'm not going to know shit, so I will "3. Never buy or sell an individual security."

"…save your money and invest in one or more proven, profitable, Great Depression-proof businesses that pay you a dividend"

Besides the obvious (that this is not really saving money if you are in fact investing it) I'm curious where the safe harbors were during the Great Depression. I've asked before and have not received an answer.

dosisking 34 minutes ago | parent | next [-]

> I'm curious where the safe harbors were during the Great Depression. I've asked before and have not received an answer.

The people who were in cash bought land for pennies on the dollar and made a fortune.

rustfreeforme an hour ago | parent | prev [-]

[flagged]

hellscapesite an hour ago | parent [-]

[dead]

dosisking 36 minutes ago | parent | prev | next [-]

The main lesson from trading markets is that "The majority is always wrong". That is how you get the big moves.

cm2012 2 hours ago | parent | prev [-]

AI advice is better than yours, friend

dosisking 33 minutes ago | parent [-]

"The majority is always wrong", friend.