You’ll spend $1,200 on the new iPhone,
but you won’t invest $1,200 in the
company that makes the iPhone.
I find this interesting because
the stock market is the only retail
outlet that exists where people do the
exact opposite of what they should do
when things go on sale.
Let me explain. About 3 to 4 weeks ago,
I made a video about how the stock
market could rally even though the
market was down 6% at the time, and everybody was fearful because of the
war in Iran.
The number one rule in the stock market
is to buy low and sell high. Yet, people
do the exact opposite when things go on
sale in the market.
Let me give you an example.
If I told you your favorite retail store
or favorite department store was having
a 30 to 50% off sale, you’d likely go in
and buy a bunch of stuff, right? Yet,
when the market was down 10% a couple of
weeks ago, nobody wanted to buy.
I find this extremely interesting.
But, and why is that?
And here’s a question that I get asked
often. When is the best time to invest?
The best time to invest is yesterday,
okay? Uh but, comment, like, and
subscribe. I’d love to hear your
feedback in the comments because I find
this really interesting that nobody wants to buy the stock market when it’s on sale.