I don’t know scaredy… the guy is married man just like you and me and others. I bet ya 10 bucks he actually did tell his wife what he thought the market was gonna do and you know what? She probably said she didnt give a sh-t. Obviously the guy has a decent job and makes good money.
Looking back at the timing of the purchase, depending on where they bought, they may have very well caught the very bottom of the trough and are actually doing really well.
I recall when you were making the decision to purchase and correct me if I am wrong, you, (like me and most other men) were “incentivized” to buy by our wives correct? I can say with all honesty that many of the purchases my younger family clients make are done in the name of family harmony.
More often then not, “knowing better” really doesnt matter.