They Got The Capital And We Don't!

I used to listen to suppose to be experts in investing because they were using phrases like "I made x amount of dollars and a relatively short period of time." As of today I don't pay attention to any of that. Like Warren Buffet said, "The best thing I did was not pay attention to headlines."

Quite naturally we have to pay attention to some headlines, but most press reports are highly speculative. Which brings me to my point. It's people all over the medium claiming they've made an astronomical amount of money quick. In some cases this may be true because there is money to be made, and it can be made quick.

Most people who make these claims usually invest with substantial amounts of cash in the first place. Ever heard of the phrase, "It takes money to make money." The more money we invest, the bigger the returns. People from my community can't afford to put $10,000 into something they don't understand.

Warren Buffett suggests people should Passive Invest, and I totally agree. I've stated this in other blogs. The investing guru is probably the most relaxed investor in the world. Chasing markets is

a bad idea considering it's set up for long term in the first place.