I’ve talked to a bunch of friends recently and one thing they all have in common: either they “got in when everything was cheap”, or they “wish they had”. Most of them are referring to real estate, crypto, FANG equities, or heck... even $SPY.
Cheap is relative, and it’s really only a hindsight thing. You only know something was cheap when the price someone is willing to pay for it goes up over time. Look at crypto. Look at $AAPL or $AMZN.
Which leads me to my question: What does everyone consider “cheap” right now? What’s that thing that you believe people will be willing to pay much more for 1, 5 or even 10 years from now? $GE? Real estate? Bitcoin? $BLOK? $QQQ? Bonds? :)
FYI, I’m not looking for short term gambles. I’m really interested in hearing about what the community is passionate about long term, and why.
Submitted March 11, 2018 at 09:18PM by manlymatt83 http://ift.tt/2Ijw79t
