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A lot of people liquidated their retirements and thought they'd never recover, they were right, they never invested after that and were pretty SOL. Or they inv
by downrightmike 2y ago
A lot of people liquidated their retirements and thought they'd never recover, they were right, they never invested after that and were pretty SOL.
Or they invested heavily in flipping houses and they got destroyed. One thing that is not talked about much is that a lot of those people that got crashed in the Great Recession had good jobs and great credit, so of course it made sense to them to own six or more houses as investments.