points by arthurcolle 1 day ago | 0 comments
could have worked with crypto or GPUs though, to be fair to your friend ^_^
[–] baobabKoodaa 1 day ago
There was a time period when it worked with used cars, too.
[–] dylan604 1 day ago
Used car prices are still higher than pre-COVID, but there's still a decent mark up for restoration projects if you want to go that route in used car
[–] throw-qqqqq 22 hours ago
> Used car prices are still higher than pre-COVID
Also if you adjust for inflation? (Which exploded after COVID)
[–] paxy 21 hours ago
[–] Imustaskforhelp 19 hours ago
Even with trading, you can't really know if the strategy that you have made which might work first time is because of luck (crystal ball) or analysis. You might believe its analysis because why not but repeating that strategy consistently over a long period of time is downright near impossible.
And then you realize that most of the traders lose money and there have been systematically proven to be basically very little alpha if any and you are better off just investing within the index funds and focusing much more on increasing the amount of money that you can save (increasing your salary, finding ways to save money etc.)
https://www.bogleheads.org/ for those of you interested.