Submitted by NoMoneyAnywhere t3_z7ust3 in personalfinance
TyrconnellFL t1_iy8fd9a wrote
Reply to comment by _Nuba_ in Too scared to invest...what to do? by NoMoneyAnywhere
I agree… except your first sentence is backwards. Buying high and selling low is not a great strategy.
_Nuba_ t1_iy8g0le wrote
It was sarcasm, the point is no one bats an eye when they are buying high but then all of a sudden prices drop and people stop buying. Stocks are the only place people are more happy to buy high over buying low. People should always be buying regardless but many people don’t
TyrconnellFL t1_iy8h4rw wrote
Ha, fair!
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