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I don't see how they're great for the "middle class". A crash is generally bad for anyone who's invested. I could only see it being good for people who have c
by swendoog 9y ago
I don't see how they're great for the "middle class". A crash is generally bad for anyone who's invested. I could only see it being good for people who have cash on hand after the crash.
- PatientTrader 9y ago> A crash is generally bad for anyone who's invested You are forgetting that cash in hand or in a bank is an asset/investment. Cash should be 20-30% of any investment portfolio.
- swendoog 9y agoFair enough... I'm not much of an experienced investor. I had always heard you should invest, invest, invest, and forget about what the market is doing or will do.