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REDDIT
How is 10% down going to make me rich?.. mancity Vs Southampton get then odds
I'm asking seriously as I don't understand
Mancity Vs Southampton can fetch 1.10 odds and is very likely to happen
I see many stocks down 10% and people say buying the dip to make you rich as if it's quickly going to rebound so you make 10%
Why is this seem more safe then mancity, I personally see our times so fragile it could crash much more then this so it's pretty risky
I assume people will point to outliers ie Nvidia who are 38% down from ath, then my argument would be there was well overvalued earnings to pe, betting in that is risky
Can someone explain why I'm wrong