Investing / Investment Management
Out of context: Reply #10
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You could have made significantly more w VOO last year with virtually no expense.
Stay away from sales calls, etc. Vanguard's funds are solid and super low cost.
Wait until fall to think about buying much. We'll be going sideways/down for the foreseeable future (this was a bear rally).
People aren't really scared yet. Nervous, but not scared. Once the blood starts flowing and people start panicking, that's when the deals will be found and a bottom, eventually, will be formed. We are a long way from that.
Think DOW below 30k. I wouldn't be surprised to see BTC it 10k. When people need money to cover the mortgages they can't afford, that'll be the first to go and it'll plummet fast.
Consumer staples, oil/commodities for a few more months, healthcare, are good. I bought RGLD, CAT and CVX a few months ago. They've all skyrocketed. Sold a bunch of tech back then, too, and will buy again when things really go down.
Have that cash ready and price points picked. DCA in.
- Seems like everyone's waiting on the sidelines now.Taschen
- What do you read to stay ahead of the curve?nb
- Plan and be patient. I have a bunch of GTC orders (Good Till Cancelled) for price points, super low. Some will hit, some not.formed
- Pick your fav stocks and buy on big dips. MSFT went to 272 recently. It was at 342 in Feb. I added.formed
- TSLA was at 766 3 weeks ago, it was at 1100 a week or so ago.formed
- I bought CVX at 125-ish in Feb, it's at 169 now.formed
- They'll all go down from this recent rally.formed
- Diversity is key. Patience and not trying to time the market is key. DCA (dollar cost average) into your positions. Buy on dips. Sit back and wait.formed