[quote=harvey][quote=flu]My point is regardless of the asset class…It amazes me people still camp out waiting for the one shot once in a lifetime event.[/quote]
Because some people value bragging rights over investment returns.[/quote]
But, it seems it’s a little more than that….
This is more like… “I hope the stock market and real estate market crashes so that people get screwed and hurt, and I come out ahead of them because I’m smart and they are dumb”……
Achieving that $50k/year financial goal don’t require the first part…But it’s almost as if, for some, there’s a sense of victory and pleasure only if the first part happens…hence what motivates one to bank a majority of the financial decisions on that one and only outcome. That’s the decision process that I find fascinating.