This time when you buy, it will immediately shoot to the moon.
You admit you canât 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, youâll 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 arenât 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.
Can I tease or taunt him occasionally?
You are only allowed to do that to @sfdragonboy. Now that heâs gone, you are only allowed to do that to @manch.
Yeah, you see how TSLA as soon as I boughtâŚDid you sell?
Not selling unless Elon died.
Wait⌠I didnât sell Aapl even after SJ died. So no, not selling under any circumstances.
LOL: Take it easyâŚI try to emulate power stars, but always land at pitfall. All these shows that I am human, not a computer to blind buy and holdâŚ
Since most of my money is cash, I am just having funâŚ
Seriously: As a feedback,This is the exact comment my friend was telling me yesterday ! Kudos to you.!
Iâm 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 as a sleeping partner.
There are many methods that work. Itâs just mixing methods usually doesnât 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 youâre 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.
WQJ, this is your opportunity to get haneraâs Billions into your account ! Cash it on!!
Easy money, opportunities such as this comes rarely!!!
multi-family / apartment building anyone?
How many units? Need to avoid rent control and socialists
I have one for sale. 128 units in Sacramento
Whatâs 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.