What if you bought Apple in 1995? or 89? Would you have remained solvent long enough to make it to 2024?
In the market timing is both 1. everything and 2. impossible to predict without cheating.
In the market timing is both 1. everything and 2. impossible to predict without cheating.
Short term, though? Nah, you should absolutely trade on margin.
I started investing in 2020 immediately after markets hit rock bottom from COVID. Margin multiplied my gains as I bet on the market bouncing back.
You could certainly argue that I was just lucky. I could have easily been wrong and it's possible markets could have taken a longer time to recover than I expected. But tbh, the market recovered significantly FASTER than I expected.
Risking getting wiped out may be a palatable prospect if you're early in life and have the time to rebuild your fortune, but it won't be if you're risking 20 years of savings.