[quote=spdrun]I am not a perma bear. I’m a tempa-bear. I’m aware that things are cyclical, and that downturns are almost never permanent (in the US, places like Haiti are a different story).[/quote]
If you have $1million laying around., and all you want is $50k… You could stick that into a lower risk dividend fund/index fund and you’ll average out around 4-5% per year with the least about of work….
Why would you be so giddy about wanting a crash, that would be a disservice to your ultimate financial goals??? I don’t get it.
It’s one thing to plan for a crash to minimize risk. It’s another thing to want something opposite of what you should have been doing all along that would have been the easier route instead of banking on the “one hit” that you would guess correctly at the right event at the right time ….Unless of course, like I said, it’s to double down on a failed strategy that you held to for too long to make up for lost time…
I don’t even gamble on just 1 strategy for a very long time… and I consider myself “reckless” when it comes to financial speculation….because like I said, if I’m wrong, I’m really screwed.
