> if you have money saved up and excellent credit you sit on the cash and wait for a crash Ah, market timing. You realize this is contrary to mainstream inves

> if you have money saved up and excellent credit you sit on the cash and wait for a crash Ah, market timing. You realize this is contrary to mainstream investing advice, right? > During the crash you purchases houses, apartment buildings I forgot, the American dream is to own someone else's house. The only way to get rich to be a land lord anymore. Plenty of people get burned playing this game as well, and the advice doesn't work in every market. > I know people who bought manufacturing equipment during 2008 crash for scrap value. Oh, so not you? > such an ignorant opinion Is it ignorant just because you disagree with it? Look around yourself. How many people are driving a Mercedes or BMW? How many people are wearing designer clothes and jewelry? How many people have an iPhone when a $150 android will do just fine? Most people I know will never save money. They'll never have a new car, they'll never have a 4000sqft home. They're 100% going to be on government assistance in old age. They should enjoy themselves now, go bankrupt as often as legally possible.