Read between the lines, and learn to be a smart investor.
Today is definitely not a good day to buy, on 20/20. We see all these mood swings all the the time. Cash is king, but use it wisely.
On days like today, I just shut off the PC, and take my kids to the park and let them feed the ducks, even though it's frown upon when you did.
Don't be afraid to stick out your neck, from time to time, to scoop up some creams. Don't need to drink the soup. It's either too hot or too cold. In most cases, we are too impatient to wait for it to be "just right".
I didn't make any of these up. I think I've read or heard them somewhere along the way, but I don't always apply them... "Patient is a virtue!"
I don't give recommendation, so I only stated that I have my position in VRTX calls. Please feel free to email me and bounce ideas. I'd be glad to share all my holdings and my reason for buying, selling, and holding for the long term.
As always, we call always learn from everyone to be better at investing.
One of the greatest wisdoms that my father has ever given me... even though I don't know any Chinese.
The Chinese character, be greedy, has a ceiling. If you took away that ceiling, it becomes a completely different meaning... "Poverty".
Think about it... "Bulls make money, bears make money, pigs get slaughtered."
We all have heard these wisdoms, but we usually don't apply them.