My dad does the same thing he always buys a shitload of stocks when they go down. I told him he should invest in silver but he said he didn't want to bother with it.
@j6i6z6z I believe there's nothing wrong with buying stocks...as long as you know what to buy...but since Warren is a an insider he knows exactly what stocks to buy...but those of us on the outside and inexperienced always get killed. There's ways to make money on stocks in this market but it takes a lot of financial education. I buy silver because I am not a seasoned investor and like to put my money in a safe place.
@j6i6z6z although...it's usually a clear signal when the richest of rich is indirectly advising you to buy stocks...that's why I used the example "want to be like mike?" People think if they get a pair of NIKE sneakers they will play just like Mike.
@bc5620 I see your point, luckily my dad has never taken too big a hit in the market just dips. He does have a lot of rich friends and people in high places so that is probably why.
My dad does the same thing he always buys a shitload of stocks when they go down. I told him he should invest in silver but he said he didn't want to bother with it.
j6i6z6z 6 months ago
@j6i6z6z I believe there's nothing wrong with buying stocks...as long as you know what to buy...but since Warren is a an insider he knows exactly what stocks to buy...but those of us on the outside and inexperienced always get killed. There's ways to make money on stocks in this market but it takes a lot of financial education. I buy silver because I am not a seasoned investor and like to put my money in a safe place.
bc5620 6 months ago
@j6i6z6z although...it's usually a clear signal when the richest of rich is indirectly advising you to buy stocks...that's why I used the example "want to be like mike?" People think if they get a pair of NIKE sneakers they will play just like Mike.
bc5620 6 months ago
@bc5620 I see your point, luckily my dad has never taken too big a hit in the market just dips. He does have a lot of rich friends and people in high places so that is probably why.
j6i6z6z 6 months ago