[quote=deadzone][quote=Coronita][quote=deadzone]Opportunity of a Lifetime? Really?
Buying qualcomm stock in 1995 opportunity of a lifetime.
Bitcoin anytime before 2018 opportunity of a lifetime.
I missed those too. Oh woes me.[/quote]
In san diego, yes qualcomm was a pretty big miss. But that wasn’t my point. My point is that people that try to look for the absolutely bottom will end up missing the bottom. Those people would probably be better off if they just adopted a auto-pilot auto-invest option over 15-20 years….Looking back 20 years if one didn’t do that, it’s very likely they missed the boat. And chances are, it’s not just one type of opportunity, it’s pretty much any opportunity…
It reminds me of this commercial. Not that I believe in crypto. But, the Don’t Be Like Larry is so true in many cases…
Well there are a lot of opportunities to make money on the downside too. I don’t have the risk appetite anymore to put serious money on the short side. But in the last crash I killed it shorting Subprime lenders. Especially New Century and Accredited Lending, both went bankrupt and I gained over 1000% on my deep out of the money puts. One could say that shorting subprime was the “opportunity of a lifetime”. But opportunities can and will continue to present themselves so no reason to kick yourself if you miss one.[/quote]
But you haven’t made significant money on the downside….that’s the problem. Others have because they weren’t timing the exact bottom.But it seems like some folks here that tend to think in terms of absolutes do seem to consistently miss great opportunities a few times now, both in the stock and real estate markets.
