mind open because both have valid points。 Unfortunately； most poor people listen to 〃Chicken Little。〃
I have had more close friends try to talk me out of a deal or an investment。 A few years ago； a friend told me he was excited because he found a 6 percent certificate of deposit。 I told him I earn 16 percent from the state government。 The next day he sent me an article about why my investment was dangerous。 I have received 16 percent for years now； and he still receives 6 percent。
I would say that one of the hardest things about wealth building is to be true to yourself and be willing to not go along with the crowd。 For in the market； it is usually the crowd that shows up late and is slaughtered。 If a great deal is on the front page； it's too late in most instances。 Look for a new deal。 As we used to say as surfers： 〃There is always another wave。〃 People who hurry and catch a wave late usually are the ones who wipe out。
Smart investors don't time markets。 If they miss a wave； they search
for the next one and get themselves in position。 Why this is hard for most investors is because buying what is not popular is frightening to them。 Timid investors are like sheep going along with the crowd。 Or their greed gets them in when wise investors have already taken their profits and moved on。 Wise investors buy an investment when it's not popular。 They know their profits are made when they buy； not when they sell。 They wait patiently。 As I said； they do not