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Comment by drstewart

8 hours ago

Risky? He said it's EXTREMELY likely. There's little risk. Margin loans are available.

Saying there's "little risk" to shorting while recommending "margin loans" is a very good indicator that you don't have a lot of knowledge about financial instruments. That's okay.

Did you know that you can be extremely correct in your medium term prediction and still get extremely margin called because of some random short term volatility?

>Margin loans are available.

He can still be margin called even just due to volatility in the market.

It can be both, likely and risky, timing the market is one of the riskiest things one can do...

It's likely there will be another major stock market crash, it's part of the cycle, and will always happen in its current form, good luck finding a way to time it and make a huge profit though.

  • Bold prediction, saying something might happen some time at some point in the future maybe but nobody knows when.

    • Isn't that how financial predictions work? No one knows, it's always a gamble, if it wasn't by definition it would have happened earlier.

      Not sure why people get so up in arms about it, signs can be seen but the timing is always the impossible thing to predict.