Sato Nagai
:
whomever thinks of buying S&P to get rich has totally incorrect view, S&P is real money and your currency is just paper, you have no choice but to protect your hard work by buying assets, there was time when S&P went down more than 60% but guess what, if you hold cash to buy a Big Mac, it was 20 cents back then, then a dollar and then now it's is going to $10 cash lost more than 95% because it's paper
Sato Nagai : whomever thinks of buying S&P to get rich has totally incorrect view, S&P is real money and your currency is just paper, you have no choice but to protect your hard work by buying assets, there was time when S&P went down more than 60% but guess what, if you hold cash to buy a Big Mac, it was 20 cents back then, then a dollar and then now it's is going to $10
cash lost more than 95% because it's paper
Sato Nagai : I mean if you even can't stand 70% draw down on S&P there's nothing you can invest on, at all
Laine Ford : that good stock