Sell high and buy low. Makes sense, right? You would think that such a simple idea would be impossible to forget. Nevertheless, it is a fact that millions of people regularly fail to understand this…..You might even say, predictably. If you're serious about getting rich, now is the time. We've entered without a doubt a period of mass-produced pessimism, when bad news is everywhere; and the best time to invest is when optimists become pessimists. That's because if ordinary people think they are going to get rich quick on something, it's very likely too late. It works both ways. They get in too late, and they fail to get in early, when the upside is massive. As the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market. That's what's happening now I guess. Sound familiar? You might recall Warren Buffett's famous dictum, to be fearful when others are greedy, and greedy when they are fearful. The same principle is at work right now. For instance, the 1987 stock market crash was harsh for everyone. It wiped out the savings-and-loan industry. Things looked dark, but what happened next was most instructiv...
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