Market Predictions Predict Your Death - Pt 1
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Why do people "hold on to" losing investments? Because the money was "lost" WHEN THE INVESTMENT WAS MADE. When you plant a seed, you don't pick the fruit until it is ripe.
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This is smart advice. Except for those occasional times when I get carried away myself (it happens), I try to restrict my investments to those which offer a "yes" response to the question, "Is this investment likely to preserve or enhance my wealth if things go as I expect, and at least do modestly well if they don't?" We can't turn a blind eye to the way we see the world unfolding, but can't afford to assign certainty to our predictions, either.
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question when you pointing at your right eye are you making a sign language?
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agreed....I'm purchasing 20oz a week in silver and gold. More silver then gold because gold per oz is very expensive so I can only purchase 2oz of gold a month and the rest silver. I think everyone else should do the same.
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excellent truth: "predictions are shackles to clear thinking"
its important that we predict outcomes. the problem is, its so hard to stay objective once we do.
the danger?
the minute you've made up your mind, its difficult to objectively consider incoming data that could change the outcome...
probably one of the most important truths i've heard on youtube.
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you're an idiot
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very good video...I know a lot of people bash you because they are "gold bugs" etc. I personally own silver bullion.
HOWEVER
The points you bring up are awesome to think about. You're 100% right...it's not "do I agree or disagree" with you...it's all about thinking more "in depth" about your financial decisions and staying flexible. After all, everyone is wrong sometimes.
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So if I type in primate your name will pop up.
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people hold onto loses because they believe what the tv is telling them about how everything is fine.
if you dont understand the numbers how can you posible tune into the risk?
when you understand health is more important then making money you get to move forward.
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Thanks for the video.
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Well harry gold & silver are still up. They have held their own. Market will be O.K. for awhile imo. But smart money is in PM's.
talkal0t 2 years ago 7
All this from the guy who did a four part series on how the US dollar is doomed at its exact bottom. Hey, we all can use a contrarian indicator. Growby10? How about Fallbyhalf.
Sentinel4truth 2 years ago 3