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It's certainly a shame when unsophisticated investors pile in after a huge run-up in prices. The good news is that if they got in one year ago they are likely
by holdenc 11y ago
It's certainly a shame when unsophisticated investors pile in after a huge run-up in prices. The good news is that if they got in one year ago they are likely still above water. If they got in after that they should have been wary of bubble prices.
- jandrese 11y agoYou are assuming the slide is going to stop today and/or that they can pull their money out today. If there is a huge rush to pull money out of the market it will accelerate the decline. A classic bubble pop.
- digi_owl 11y agoBecause the nice guys wearing suit and tie tell them it is all perfectly save, just sign the dotted line and they will put your (loaned) money to work on the market...