Ignorant fear mongering has been very, very good to me. In 2013, a Tesla caught fire near Seattle. Made national news. Tesla stock dropped. I was sitting in my down town office and Googled "car fires" and saw the number of gasoline vehicles that caught fire every year (usually static sparks when refueling, caught on the service stations security camera, and now shown on YouTube). Who knew that car fires happened regularly hundreds, maybe thousands, of times a year? I knew that gasoline powered cars always burst into flame in crashes (as shown in the movies), but it's actually more common when refueling. The insurance companies must not know this!!!! The public needs to be warned!!!!!
But I thought to myself, was there a way to make money on ignorance? Yes, of course. I bought Tesla stock. Tesla stock has not only recovered, it has increased 1,500% since then. Put that in your 401K.
I didn't keep my Tesla stock for the full 10 years. It became obvious that the CEO of Tesla is also subject to ignorant fear mongering. That spooked me after a few years. Still, ignorant fear mongering helped with my early retirement, boat purchase, second home, etc. (including new electric vehicle).