Most money is lost by people sitting in cash waiting for
the perfect bottom, not by those who rode the dips
while invested.
Buy quality in small tranches.
Stay in the game.
$100,000 invested will grow into $1,000,000 in 25 years.
Keep that same $100,000 in savings and it will be worth $48,000 in 25 years due to inflation.
Thats a difference of ~$950,000
You have to invest my guy.
@ManOfFocus_ I know broke people who never bow. It has more to do with a manโs character than his financial situation. However I agree that money gives you more control.
@BoringBiz_ So many people missed the point in the comment section. Not everyone works for money and accepts their fate of doing a job they hate until retirement.