FYI: Last week, Andrew had dinner with a friend who he call Tim. He retired when he was sixty. Now he’s seventy-two. While we ate, Tim gave me his personal investing story. He was a great saver, and he was always on the lookout for stock market forecasts.
In 2001, Tim read a prediction that stocks were going to crash. He sold everything, avoiding the market meltdown from 2001-2002. That was like walking into a casino for the very first time and coming out a winner. He didn’t know it then, but his luck spelled trouble for the many years ahead.
Regards,
Ted
