06-09-2018, 02:31 PM
I'm going to put my cynical hat on for a minute.
Most people, in my opinion, don't truly understand what is and is not investing. It has been my experience that a lot of people think stocks, annuities, bitcoin, and their primary residence are all "investments." When you run across someone that understands the difference between those four things, you'll find that they often view stocks like a casino. That is, they're trying to pick the big winner. These are the types that "know a guy" that tripled his money in six months with a tech stock.
Just have realistic expectations if you decide to bring it up.
Most people, in my opinion, don't truly understand what is and is not investing. It has been my experience that a lot of people think stocks, annuities, bitcoin, and their primary residence are all "investments." When you run across someone that understands the difference between those four things, you'll find that they often view stocks like a casino. That is, they're trying to pick the big winner. These are the types that "know a guy" that tripled his money in six months with a tech stock.
Just have realistic expectations if you decide to bring it up.