Cal rosser used to invest all of his disposable income in index funds. As the market was turning down, he decided it could get so bad that he needed to protect his money. He pulled out everything but a small amount and went from 95% cash to 100%. "I felt acutely responsible for myself and my wealth," he says.
The allure of getting rich quick is intoxicating.
It's even more intoxicating when you're trapped inside and it seems like all your friends have cashed in big.
In this episode, Cal and Steph discuss Cal's experience with active investing over the last 20 months and ultimately, why it's time to walk away from the casino.
If you liked this episode, make sure to subscribe and leave a review. You can also read Calvin's article on the topic here.
And if you're also stuck in the casino, don't be afraid to reach out to Cal or Steph on Twitter. We'd love to hear your story.