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Buddy I work with who is absolutely an idiot financially just took a loan out to buy doge coin. I asked him why buy at this price. He said it’s so low it’s not like it’s gonna to lower. (Aside from the fact it’s a meme crypto) I literally heard Peter lynch in my head. One of The biggest mistake someone can make is to utter those words. It blows my mind people are willing to throw money at stuff they don’t understand. Yet it is common. I tried to tell him about value investing but he then brought up grand cardone and I knew there was nothing I could do haha
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- 2 years ago
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Fortune does favor the bold