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Sure, you can take a gamble and win. But you can also lose big. History shows that, lacking a crystal ball, you're more likely to lose than win. So there's an
by ChrisSD 8y ago
Sure, you can take a gamble and win. But you can also lose big. History shows that, lacking a crystal ball, you're more likely to lose than win.
So there's an opportunity for some investors to win big but most of them will lose. And even the ones that win will likely lose out on their next gamble. Such is the way of unstable markets.
- Havoc 8y ago>History shows that, lacking a crystal ball, you're more likely to lose than win. Does it? My gut feel says 50/50
- ben_w 8y agoThere are generally more ways to lose than to win. Entropy is like that.
- rapsey 8y agoWell obviously it’s risky. History has also shown that uncertain times is when the largest fortunes have been made. My point was that calling uncertain times uninvestable is stupid. It is a different climate and for a certain type of investor it is a gold mine.
- ashelmire 8y ago> History shows that, lacking a crystal ball, you're more likely to lose than win. This is the opposite of what history shows. Markets have grown on average. Buy a varied assortment of assets, an index of British assets, you’ll do fine. Just don’t expect good quarters in the short term. You’ll be up a lot in 10 or 20 years.
- ChrisSD 8y agoYes if you average over the market you're likely to make money in the long term. Though note that in some cases long term can be on the order of two or more decades. Buying into a risky market right before a down turn will only increase the time for you to see a return on your investment. Meanwhile you could have been making a "steady" income in less uncertain markets. Or even invested in the world market as a whole.