Quote:As an outsider just seems like all the money people make they lose in these corrections then spend the next 8-10 years trying to gain it back.. I know the banks and 1% make money but does the average guy every really make anything or just hope to break even?

 

It really depends on the goals of said "average guy".  I know that my 401k will probably take somewhat of a hit right now, but over the long term I'll actually gain more.

 

Regarding investing as an income stream or to "get rich", it's not a real easy game.  I've made some good money in stocks as an investment over the years, but when I started I went into it like I do going to a casino.  I went in willing to lose the money that I was/am investing.  I've certainly made my share of mistakes as well.

 

I finally did what I should have done a long time ago.  I went to a financial adviser and came up with a plan that meets my goals.

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