Possibly the dumbest statement ever. Hey, I lost money on bad investment, but now it's CHEAP! Isn't that GREAT?
#37 | POSTED BY DANFORTH
Lost money? That's what you want to believe.
The World Is Coming To An End
Sorry to disappoint you. I live well.
The fact remains, our economic system is engorged in debt and only getting worse.
That's why an index fund is useful: it reduces risk.
Many of them still lose money.
Meanwhile, you've missed out on over 170% more wealth.
I've been burned too many times with stocks.