The Long Term Investor

Discussion in 'Investing' started by WXYZ, Oct 2, 2018.

  1. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,056
    Likes Received:
    6,151
  2. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,056
    Likes Received:
    6,151
  3. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,056
    Likes Received:
    6,151
  4. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,056
    Likes Received:
    6,151
  5. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,056
    Likes Received:
    6,151
  6. WXYZ

    WXYZ Well-Known Member

    Joined:
    Oct 2, 2018
    Messages:
    19,056
    Likes Received:
    6,151
    Done celebrating yet.....oldmanram? Way to go hawks.
     
  7. Money123

    Money123 Well-Known Member

    Joined:
    Aug 16, 2017
    Messages:
    1,040
    Likes Received:
    152
    Buying $RBBN tomorrow my pick check thread for more info.
     
  8. roadtonowhere08

    roadtonowhere08 Well-Known Member

    Joined:
    Apr 13, 2020
    Messages:
    1,006
    Likes Received:
    904
    Looks like a Dot-Com IPO pump and dump that is somehow still around. That 25% fall last week is an enticing trading play for you. Have at it :eek:

    Remember what thread this is :p
     
  9. TomB16

    TomB16 Well-Known Member

    Joined:
    Jun 22, 2018
    Messages:
    4,879
    Likes Received:
    3,026
    I spent most of 2021 well below my ATH. Two of my companies did very well, the rest fell off a small cliff. You won't find me whining about that.

    At the time, I was quite liquid so I started buying back in by mid 2021. It was a bit early and I was nervous because the liquid cash was intended to fund my retirement but I stepped up to the big boy table and started moving money into VOO with no guarantees. It wasn't all up-side, to say the least, but time sorted it out.

    I don't understand why long term traders would be concerned about a short term series of ticks. If you liked NVDA at $205, you should love it at $175. Everybody loves a sale. If you believe in your portfolio, emotional composure is easy.

    The trick to long term investing is to manage your emotional state. The portfolio will manage itself if you don't pour gas on it and toss a lit match.
     
    TireSmoke likes this.

Share This Page