I'm a buyer today with the President taking the podium. I mean really, all the bad news is out there. The stocks have dropped like rocks. This seems like a good time to be a buyer....when everyone else, TV, newspaper, and economists....all say it is a bad time to be buying. I for one am ramping up my buying, not saying the price won't get better...I also bought at 17, but I liked it there and REALLY like it here. Remember, this is his 2nd term.
You are right buy when they say sell probably close to bottom here screw the thieves on wall street they tell you to buy after a huge run so they can dump if you are buy and hold this is great entry point
so far so good....10% in a little under 5 hours.....no regrets yet. But by no means do I think this is moving in only 1 direction. It's just fun to respond to this post after a day like today. I wonder if it continues into the close?
That's good, is regrat a word? And if I ever "regrat" taking a risk with speculative funds, I will simply redefine speculative funds in my portfolio and move on. I don't usually get to hung up on the losers, they're gonna happen. FYI, hope you aren't thinking I'm in this for the short run. I see this as a bottoming event that may take all summer to occur and likely won't be green for a year or so. Hence why I am buying in really wide scales. Geez, if it goes to last weeks levels I can sell out and have really done well. But......if this this mess with China turns as it seems it usually does, and this goes to the 20s and 30s again, which isn't at all out of the question......the only idiots are going to be those who didn't 'speculate'. GL all, B