Oh I've had some horror trades like buying LTC at the top, but here I am, I was able to average that down so now I am almost even again lol, can't lose if you keep going. If I think of the upside I could miss out on it kept me motivated
Oh I hate that cop-out, I think it's a lazy excuse, in some cases yes if you're in a remote part of the world, but if you're in a city even a 3rd world city there's always someone willing to pay you to do something for them, money is constantly flowing.
Its a case of people not realising opportunity cost losses, I was talking to my cousin, he has a friend who hasn't had a job in 8 years and each year his covered by his family he feels his winning when in fact his losing in time to earn, upskilling, investing, and will only realise it when he loses that support
it is sad that things can go up so much and we can be almost even again. :D
I think that many people don't "feel" like working, so no matter the opportunities, they will pass them over.
It sounds like your cousin's friend is in for an uncomfortable future. I hope his parents are very wealthy - it will be uused for redistribution through mismanagement ;)