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Old 3rd Oct 2020, 15:31
  #7 (permalink)  
Derfred
 
Join Date: Jun 2006
Location: Brisbane
Posts: 265
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There will always be downturns. Better to do it in a downturn with a clear picture of the troughs and wait for an upturn than do it in an upturn and get dismayed and destroyed by the next downturn!

I know, it’s a contrary view, but like the old adage, when your taxi driver is telling you to buy shares, it’s time to sell.

When everyone is telling you not to go to flying school, it might actually be a good time to sign up. You’ll be in the right position to ride the next wave (assuming you have the $100K of course!)
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