Did you hear this advice from 100 broke people or one lucky schmuck?
This is significantly safer than shorting that some people here suggest.
You can't lose money sitting on cash. While when shorting your potential loss is infinite.
Mistiming the market is losing out on potential gains, which is losing money compared to sitting on cash. Cash doesn't grow.
Most people are best off investing in index funds and forgetting about it for 10+ years.
This is significantly safer than shorting that some people here suggest.
You can't lose money sitting on cash. While when shorting your potential loss is infinite.
Mistiming the market is losing out on potential gains, which is losing money compared to sitting on cash. Cash doesn't grow.
Most people are best off investing in index funds and forgetting about it for 10+ years.