Andy Tanner at Rich Dad says he’s constantly being asked if it’s a bad idea to buy stocks right now. His answer: "That’s the wrong question to ask. Here’s why: at every point in time, an investor can ask that. When you look at a chart in hindsight, it’s easy to see the right moments to buy and sell. But when you are in the middle of it, how can you know? "A better question is this: ‘What was the real problem with the Titanic?’ People blame the ship designer, the builders, the crew, the captain, even the iceberg itself. But the reason so many died was that there simply weren’t enough lifeboats for all the passengers and crew. "The ship sank slowly, so there was plenty of time to save everyone. There just weren’t enough lifeboats. "So the issue isn’t whether the boat is going to sink or not, the answer lies in planning your exit. Do you have a lifeboat in place in case the market goes against you? No one can tell you whether the market is going up or down tomorrow. But you can get a l...
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