OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

From A ZH reader

Posted by Richard640 @ 16:59 on June 14, 2020  
I had a bunch of money in ’99 and turned it into a way bigger bunch of money, thinking I knew what I was doing.
And then, I promptly turned it back into a much smaller bunch of money.
I thought I knew what I was doing as I kept the faith, figured the market would never go down blah-blah-blah…
Reminds me of 2001 all over again, againerer.
OJO
V-V
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My father, who watched the Great Depression unfold as a child, told me, “never put more money in the stock market than you can afford to lose.” I never figured I could afford to lose any, so I never did. That wisdom may have hampered me during the market’s boom years during my life, but it also saved my ass in 1987, 2000, 2008, and 2020. I would never pretend to know when it’s time to bail out of the market, so it’s best to never go in.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.