The Billionaire Investment Guru within Me Called Billy
Billy always convinces me to buy and sell stocks at the perfect time. He must be a billionaire because he always asks me to give some of it up as he probably doesn’t need anymore. When there is a selloff in stocks, he tells me to follow because that’s probably when the market is at its bottom; while the opposite is true too because he always tells me to buy stocks when everyone is optimistic, signaling a top in the stock market.
A few years ago, 2003 to be exact, Billy told me “It’s time to sell your stocks! Look at your negative returns! Cash out your index funds because you should put your money somewhere else!” He is really good because the next few years turned out to be great for the stock market. A couple of days ago when everyone was selling stocks, he tries to convince me again […]
Original post by MoneyNing