Comments by "boz" (@BOZ_11) on "Garys Economics" channel.

  1. Who doesn't know that real estate and equities are at all time highs?
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  2. Working class people should not be gambling on equites, crypto or anything else. Buy an index fund tracking the SP500 and keep putting your disposable income into it every single month until you retire. Casino games are for good traders (only 5% of retail traders actually make gains!), and inveterate gamblers.
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  3. No offence, but there wasn't a tax/fiscal/monetary policy here, or an avenue to implement them. Those are the keys.
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  4. You cannot read a trading book, and become good at trading. You have to play with an insignificant sum, then ramp it up, then down. Never use money marked for crucial expenses. 80% of people will never be good active traders (this is the percentage of people who lose money on eToro, and is representative of the whole retail market). Only fiscal and monetary reform can free the masses. You're better off investing in index funds that track the biggest indices (S&P 500, NASDAQ). The annualised historical capital gains on the indices I listed are 7% per year. Very few active traders can actually beat that.
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