Doug your reflection is spot on considering bubbles. I lived through the dot.com bubble and was lucky enough to jump in around 1996 and had my own online investment account thru Schwab to boot! Only $35 per transaction! That's where I got my start and what a start. Grew like a weed and I got greedy. Didn't jump out till my portfolio was reduced by 50%. Didn't lose anything, but bragging rights. A dose of experience. You are genuinely smarter than your age. Keep up the sage advice.
Everyone else, pay attention! You are fixing to enter a stage where you can really beat the market.
Great article, I agree with you on many points. AI is a long term play, so many companies put heavy resources in as top priority, every company has a AI play. Myself probably go for a less aggressive play after suffering 2022 down year.
Doug your reflection is spot on considering bubbles. I lived through the dot.com bubble and was lucky enough to jump in around 1996 and had my own online investment account thru Schwab to boot! Only $35 per transaction! That's where I got my start and what a start. Grew like a weed and I got greedy. Didn't jump out till my portfolio was reduced by 50%. Didn't lose anything, but bragging rights. A dose of experience. You are genuinely smarter than your age. Keep up the sage advice.
Everyone else, pay attention! You are fixing to enter a stage where you can really beat the market.
When we lose money, we gain experience. At least we won't have to pay so much to trade the AI boom!
Great article, I agree with you on many points. AI is a long term play, so many companies put heavy resources in as top priority, every company has a AI play. Myself probably go for a less aggressive play after suffering 2022 down year.
I have had the same thought regarding bubbles and the future. but I call it a time where it will pay to be a magical thinker.
Good term for it. Be a magical thinker and make sure you get liquidity.