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kettlebell : these people have never witnessed the degeneracy of our times.
ZhukovHatesPepsi OP kettlebell : Yeah, in his writing he did say something like our bull market was possible but I dint think he ever imagined the magnitude
This degeneracy has both made many winners and losers, and those who got in early have all taken profit and made out with nice wins. Now everyone is waiting to see where the buck stops
and for a cautious investor this is the worst
Coach Donnie : Investing > speculation
ZhukovHatesPepsi OP Coach Donnie : Not always but I would agree with you generally, Investing is far better than speculation and should be the route most people take.
But like what wallstreet, insider traders and market movers make their money from is all speculative trading. They will get returns that will exceed ours but they also have more risk of losing it all.
But then there is also the opposite end of the Spectrum, Warren Buffet a true investor and his returns have even beat passive S&P 500 etfs, and those etfs beat hedgefunds.
But at the end of the day in our little corner of the world it is best to adopt an investor approach.
Coach Donnie ZhukovHatesPepsi OP : Indubitably Indeed