Yes, the wheels could come flying off of everything. But in that case, it won't matter what you have your money in. We would all be in dire trouble. I still think at a young age investing safely for the long-term is better than losing over and over again in a risky area hoping that one of the...
At his young age, he should be looking at long-term investing, not getting rich "quickly". Why does everyone want everything RIGHT NOW? He has well over 20 years before retirement. Plenty of time to build up a really good retirement account. But losing like this all the time, unless he does get...