The Long Term Investor

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

  1. WXYZ

    WXYZ Well-Known Member

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  2. WXYZ

    WXYZ Well-Known Member

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  3. WXYZ

    WXYZ Well-Known Member

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  4. WXYZ

    WXYZ Well-Known Member

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  5. WXYZ

    WXYZ Well-Known Member

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  6. WXYZ

    WXYZ Well-Known Member

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    Done celebrating yet.....oldmanram? Way to go hawks.
     
  7. Money123

    Money123 Well-Known Member

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    Buying $RBBN tomorrow my pick check thread for more info.
     
  8. roadtonowhere08

    roadtonowhere08 Well-Known Member

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    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

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    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.
     
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  10. rg7803

    rg7803 Well-Known Member

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  11. WXYZ

    WXYZ Well-Known Member

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  12. WXYZ

    WXYZ Well-Known Member

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    AMEN.

    A Cure for Investment Anxiety

    https://www.safalniveshak.com/cure-for-investment-anxiety/

    ....."I think of it as an age of “manufactured urgency.” Everything is breaking news. Every data point demands immediate analysis. The market hiccups and someone, somewhere, is ready to explain exactly why and what it means for your portfolio.

    For investors, this creates a peculiar kind of hell. You’re supposed to be informed because you are made to believe that gives you some kind of edge against others. But how do you find an edge when everyone has access to the same information at the same time?

    The answer, increasingly, seems to be that you don’t play that game at all.".....
     
  13. WXYZ

    WXYZ Well-Known Member

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  14. WXYZ

    WXYZ Well-Known Member

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