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Sean HymanSean Hyman
Keymaster
Post count: 5673

Sheety: Yep, exactly. There is no strategy in existence that can avoid all/any risks. With any inflation-beating potential for gains, comes some measure of risks. So, the attempt shouldn’t be to eliminate risks (because that’s an impossibility, literally). It should be to minimize them mthrough wise, solid companies bought at cheap valuations and averaged down on at even cheaper valuations, coupled with diversifying evenly among a portfolio of stocks. That’s how we do it. And it works. Agreed. Thanks.

Ling: Yeah, it’s the reason why I didn’t want to jump back in…for the risk that another fickly flip-flop could happen. I didn’t feel any decision they’d made at that point was etched in stone. So, some people (outside of my subscribers) hopped back in and lost twice on it due to their flip-flopping. Sad.