QUOTE(cherroy @ Mar 14 2020, 05:44 PM)
Even the market crashing currently, many US stocks price, typically like Apple still way above its price 2 to 3 years ago when this topic started.
Apples was below 200 years back. Prior before current market crash, it went up until 3xx, now even with this round one of greatest market crashing, it is still at 277 yesterday.
So even we had crystal ball in 2018 as this topic started time, that knowing 2020 will have big crash, selling Apple shares at that time, seen not a right move as well.
So, this tells us, in order to make money in the stock market, choosing right stock to invest is the key, not timing the market.
Edited
Re-quote, what was posted by me back 2 years back, which indeed happening right now, despite with the crash.
Right on pointApples was below 200 years back. Prior before current market crash, it went up until 3xx, now even with this round one of greatest market crashing, it is still at 277 yesterday.
So even we had crystal ball in 2018 as this topic started time, that knowing 2020 will have big crash, selling Apple shares at that time, seen not a right move as well.
So, this tells us, in order to make money in the stock market, choosing right stock to invest is the key, not timing the market.
Edited
Re-quote, what was posted by me back 2 years back, which indeed happening right now, despite with the crash.
Even if one isn't a stock picker and bought the Tech ETF, it now only back to Nov 2019 levels and has given ample opportunity for anyone who is really scared to realzie their profits.
QUOTE(Boon3 @ Mar 14 2020, 07:46 PM)
One does even need to be a market timer if they choose the right stock. That is the point being made by others here. If one even did DCA during the first six months into the Tech ETF then they are still up from last year.Imagine if I say I bought Boeing and it has now crashed 50% and keep telling I got out at the right time. Well that shows that I did not pick the right stock because Boeing did nothing from early 2019.
Mar 14 2020, 08:23 PM

Quote

0.0911sec
0.84
7 queries
GZIP Disabled