Comments by "TaichiStraightlife" (@TaichiStraightlife) on "CNBC Television"
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He's a good guy; DAL was 10 dollars higher when he did this interview & he was okay with it going down, which actually makes sense, emotionally. If you need money in the near to midterm, don't ever put it at risk, like in an equity/option/commodity/bond market. If you do and the markets go south, that will put a huge psychological burden on you, you won't be able to make a wise decision about what to do, holding or selling. But I think we're in a bad time; how long it'll last is not knowable at this point. I remember 2000; it was just one bad event after another. First the furor over the election, then a tech crash, then 9/11. We have Covid 19 now, but what if trump loses and refuses to leave office because he thinks the election was fixed? This Covid 19 is what's called a Black Swan Event & it''ll have to play out, but there's other dangers on the horizon. Bottom line: Buy when things are VERY bad, when there's "blood in the street", and your odds of ultimate success will be improved immensely. Ice water in your veins is good, too (not literally, of course). GLTA
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