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It really doesn't. You may be able to push up the price but higher prices mean lower returns. What you are hoping for is that you will pile money in, for some u
by subjectHarold 8y ago
It really doesn't. You may be able to push up the price but higher prices mean lower returns. What you are hoping for is that you will pile money in, for some unknown reason other people will panic and try to bid, and then you sell to them.
Just fyi though: I have worked in markets for about ten years...I have seen this over and over. I studied economic history...I have read about this over and over. And the subject almost never makes it out alive. Usually, this is psychological. Most people get involved with clear heads but that clarity doesn't survive the rush of the bull market/greed...they want more, they start to believe their own bullshit, they end up fully invested at the top...they get carried out of the market.