Quote:
Originally Posted by Grady
Not true 100% of the time. No one has the ability to see the financial future. Throw in a market down turn in the first couple of years after purchase. Then it would be better to have your money in your car and then putting the $600 a month back into your portfolio.
Yes I have lived through multiple market down turns and have been able to capitalize on this.
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Fair point, however in the medium to long term the stock market will increase. Like most things in life nothing is guaranteed, for the inexperienced investors I should have included the following:
DISCLAIMER:
Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks and options may fluctuate, and, as a result, investors may lose more than their original investment.
Or to put it another way. You need to keep an eye on your investment/gamble to minimize the risk.