Not likely right? Usually people who lost money following others' advise will KPKB already

I think if they really followed the advice of the smart guy, they would be slowly picking up good stocks along the way. The trick is to pick them up when the prices are beaten down and hold them for long term dividends play.

You should try it. Then you can join the many posters here who happily shared that they are getting enough dividends to fund their retirement.

Market downturns present the best window of opportunity. When others run out, it is time to go in and pick up bargains.