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There is no easy investment

(2010-05-06 21:03:43) 下一个
Stock, bond, or RE. All are not easy.

One puzzle for stock trading is: if you doubled in a stock, what do you do? Do you sell, buy more, or hold? Whatever you do, the market could move against you in the future, and there is no garantee you can hold on to that double.

In the end, there are only a few who can be comfortable financially, the majority of people will have to work until retirement age, which will be seventy when we reach retirement age.

So, expect to experience a few more big cycles, and many smaller ones.
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