Part-Time Chad
Sphinx
- Joined
- Jan 5, 2022
- Posts
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...investing in gold and avoiding U.S. stocks, just weeks before the S&P 500 experienced the greatest bull run in its entire history. Had I listened to this dogmatic asshat, I would have lost quite literally hundreds of thousands of dollars of growth. So glad I ignored this noise and just kept dollar-cost averaging into the stock market.
His spectacularly wrong predictions are from 5:26 to 6:22, LOL.
In this chart, notice how his gloom-and-doom prediction comically coincides with the beginning of the stock market boom and the end of gold's outperformance, JFL.
This is a classic investing lesson. Basically, the best time to invest in the stock market is when everyone is pessimistic about it, especially media pundits.
Red: S&P 500
Yellow: Gold
His spectacularly wrong predictions are from 5:26 to 6:22, LOL.
In this chart, notice how his gloom-and-doom prediction comically coincides with the beginning of the stock market boom and the end of gold's outperformance, JFL.
This is a classic investing lesson. Basically, the best time to invest in the stock market is when everyone is pessimistic about it, especially media pundits.
Red: S&P 500
Yellow: Gold