“The S&P500 was up 30% last year! I need to get in on that.” Every few months, you hear that all kinds of people got rich by investing in the latest trendy thing. And you, my friend, missed out.
One moment we all need to get into real estate, the other moment index funds are the best thing, and then it’s gold.
Before you know it, you’re sitting in a hotel conference room with a dozen strangers, listening to a presentation about timeshares. “Can it get better than this? Buy a vacation home, enjoy it, AND make money off it the rest of the year!”
Where’s the dotted line? I’m ready to sign.
Oh wait, I changed my mind, I’d rather go to a casino and bet all my money on red at the roulette table. Look, I’m making fun of those things because I’ve been there too. I’ve lost money on stupid deals.
