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I only said 'many' lose their shirts, but that might have been harsh. Many investors are just looking to store their savings. They're not Warren Buffets, they
by warrenwilkinson 16y ago
I only said 'many' lose their shirts, but that might have been harsh.
Many investors are just looking to store their savings. They're not Warren Buffets, they don't study markets to make educated decisions, they just go into index funds and hope for the best.
But it's like having your bank in the lobby of a casino. You don't have to play --- but you're already there, and look at the flashing lights...