The article discusses the regrets of a Redditor who advised their parents to invest heavily in stocks just before a market correction. Despite substantial gains in the stock market over the previous decade, this individual feels responsible for their parents' losses. A significant point raised in the discussion is the peer advice caution, suggesting never to give investment advice as it can lead to unwanted blame. Other redditors contributed similar experiences, emphasizing the importance of a long-term viewpoint in investing and acknowledging that ultimately, the decision to invest rests with the parents.
Investors should ignore the noise and think in years instead of weeks when assessing if a stock is good or not.
The top comment came from a Redditor who suggested that you never give investment advice. You won't receive much thanks for the gains and all of the blame for the losses.
It's also a bad feeling for the person who made the stock recommendation. The original poster is dealing with this right now, and other comments echoed the same sentiment.
While most of the comments leaned against offering financial advice, on the flip side, the parents still made the decision to invest.
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