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Ton Bong
The Plain Bagel
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Comments by "Ton Bong" (@tongobong1) on "The Plain Bagel" channel.
The market could go down 50% and only after 20 years it will come up to the current level. So are you prepared to lose 50% and wait 20 years to gain it back? I am not so I will stay away from that market.
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@GuideGame1 It is quite likely since it happened before. The most important rule in investing is to stay away from overvalued markets and to buy only when a market is fairly priced or undervalued.
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@Ikaros23 there are some markets that are currently fairly priced and in a long term they will be far more profitable than highly overvalued markets like large stocks or overvalued real estate markets.
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