The Positive Side of the “Ambulance Chasing” Approach To Investing

Some of us have the luxury of having secure pensions and have acquired property and assets to carry us into the years where an ambulance could be a mode of transportation for us. I know many people who are in good financial shape, while the income statistics in most countries suggest the majority are not.  Even having any money or resources to invest is a luxury.Many lawyers either resent or embrace having the term "ambulance chaser" being attached to their profession. In loose terms, ambulance chasing is a metaphor for taking advantage of some form of mishap or unfortunate event.Examples of Ambulance ChasingSelling services to people going through a setback such as a divorce, medical emergency, or natural disaster. Buying property and goods at discount rates following an economic meltdown or natural disaster.  The sub-prime mortgage meltdown in the US created many investment opportunities. Selling Volkswagen stocks short when their emissions fudge was announced and buying at the bottom....
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