But that’s not what spdrun suggested in any of his posts on both this stock thread and on the posted “what’s up with these opportunities” housing thread.

Basically, in short, both of his posts are

1. I want stock prices to crash so while most people get screwed, I can buy low and make a killing….(Meanwhile I’ll sit it out waiting indefinitely.)

2. I want housing prices to crash so while most people get screwed, I can buy low and make a killing…(Meanwhile I’ll sit it out waiting indefinitely.)

and in this thread

3. I only want investments to the point I can generate $50-75k in income so I don’t need to work at a daily job..

(#3) was totally achievable without any sort of “waiting for the big one” if one’s time horizon was 20-25 years, starting when you are in your twenties.

And wrto to property….Let’s take for example… Gzz. He recently bought a positive cash flow property on OB… No need for him to wait for a real estate crash to moving towards his retirement goal.

(#1) & (#2) is a hope that it will happen in your lifetime, at the moment you have the financial resources, and when you can recognize it. If that’s your retirement plan, sorry to say this, that’s a pretty shitty plan. Because it just seems like you’re giving up a lot of opportunity cost of what is happening right now waiting for that one time event that you’re hoping will make up for all those years you did nothing.