00:00Everyone tells you the market always recovers, but there's one problem with that advice.
00:05What if it recovers after you need the money?
00:08A 20-year investment plan can survive a crash, but you might not have another 20 years.
00:14And here's what most investors miss.
00:16The real danger isn't simply losing money, it's losing time.
00:21A 40% crash when you're 25 is very different from a 40% crash right before retirement.
00:27That's why wealthy investors don't only ask, will this asset eventually recover?
00:32They ask, will this asset be liquid when I need it?
00:36And your answer depends heavily on how much capital you have, and what stage you're currently in.
00:41I broke down the two wealth strategies for people with and without significant capital in the pinned comment.
00:46Because if you're using the wrong strategy for your stage, you could spend years compounding in the wrong direction.
Comments