Indices & ETFs

This time when you buy, it will immediately shoot to the moon.

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You admit you can’t predict, but you try to time the market. The market finishes positive 90% of years. It makes more sense to invest your money and not worry about small ups and downs. By being invested, you’ll be right 90% of the time. Can you predict the ups and downs with greater than 90% accuracy?

You quote Buffet and his predecessors a lot. They aren’t constantly going in and out of the market. The margin of safety applies to buying new positions or when to increase existing positions. Buffet has so much cash, since his investments generate cash. He waits for margin of safety to put the new cash to work.

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Don’t question @jil. Let him do what he wants.

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Can I tease or taunt him occasionally?

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You are only allowed to do that to @sfdragonboy. Now that he’s gone, you are only allowed to do that to @manch.

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Yeah, you see how TSLA as soon as I bought…Did you sell?

Not selling unless Elon died.

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Wait… I didn’t sell Aapl even after SJ died. So no, not selling under any circumstances.

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LOL: Take it easy…I try to emulate power stars, but always land at pitfall. All these shows that I am human, not a computer to blind buy and hold…:rofl:

Since most of my money is cash, I am just having fun…:rofl:

Seriously: As a feedback,This is the exact comment my friend was telling me yesterday ! Kudos to you.!

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True, master investor of this forum ! @hanera, WQJ is superceding you…in investment :rofl:

I’m at an age where investing in the young is the right approach. Waiting for @wuqijun, @BAJacket, @harriet, @Boolean … to startup a company where I can invest :slight_smile: as a sleeping partner.

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I’m the sleeping partner!!! @BAJacket and @harriet work your magic :smiling_face_with_three_hearts:

There are many methods that work. It’s just mixing methods usually doesn’t work. Trying to use value investing to swing trade is an odd mix.

I think your philosophy is closer to a swing trader who looks at medium term signals. Using 50-day moving average would fit your style the best. Value is actually irrelevant, since you’re using momentum.

If you want safety for swing trades, either pick a moving average as a stop or hedge with options. An easy way to hedge a little is to sell OOM calls against your position.

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WQJ, this is your opportunity to get hanera’s Billions into your account ! Cash it on!!:rofl:

Easy money, opportunities such as this comes rarely!!!:rofl:

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Need to connect with @BAJacket, @harriet, and @Boolean to come up with a plan… :slight_smile:

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multi-family / apartment building anyone?

How many units? Need to avoid rent control and socialists

I have one for sale. 128 units in Sacramento

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What’s the price?

$100k/unit is market value. Make me an offer. In south Sacramento… county area. Not in the city limits… rent control is not an issue.

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