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<p>[QUOTE="Cloudsweeper99, post: 658531, member: 3011"]That's what I suspected you were thinking. In this particular case, you aren't going out on much of a limb predicting a 5-6% drop, but it creates exactly the wrong mindset for long term success. For example, in this particular case it is very possible for the price of gold to double over the next few years. So you would have to have a record of success of about 20 correct guesses for every 1 incorrect guess to just break even in the long run with a policy of just buying what you want now. So what looks impressive to you is probably going to cost you a small fortune over the course of your life.</p><p><br /></p><p>Do the math.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 658531, member: 3011"]That's what I suspected you were thinking. In this particular case, you aren't going out on much of a limb predicting a 5-6% drop, but it creates exactly the wrong mindset for long term success. For example, in this particular case it is very possible for the price of gold to double over the next few years. So you would have to have a record of success of about 20 correct guesses for every 1 incorrect guess to just break even in the long run with a policy of just buying what you want now. So what looks impressive to you is probably going to cost you a small fortune over the course of your life. Do the math.[/QUOTE]
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