If you have read that you must buy now, it's too late.

Jo Tan
2022-06-13

I've written an article previously titled "If you are on time, you are late". Looking at the many articles now asking you to buy this because the stock will rise soon, I still hold this firm belief that if the rise was already predicted, there is a high chance you're late to the party and the stock is already reaching peak.

This is bad because looking at the market right now, the worst time to buy any stock is near or at it's peak.

The next worst form of predictive advertising is "If you buy these 3 stocks now, you will make X amount in X years." What a caveat... If it doesn't rise, the author would probably say it will take a few more years.

Thus, believing that no one knows the future, the best person to believe in is yourself. You alone must study a stock and make your own judgement. Sure, you can read articles to reinforce your conviction. This is because by the time the author writes the article to the time it's published, you would already have lost the advantage. Everyone else would have known it's advantage and is buying it.

This brings me to why I am investing in $Grab Holdings(GRAB)$ . Right now, I know that it is risky. Although the price is low, it has some ways to being profitable and being recognized as a good stock. However, with the dream of picking a stock before it has reached its growth stage just like $Tesla Motors(TSLA)$in its infancy, I want to take a chance. You might call it by the dirty word "Gambling" but I did look around and I think there is a chance. Because... Nobody knows now. That's why I believe I'm not too late.

Do your own diligent study.

@TigerStars@MillionaireTiger@CaptainTiger

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Comments

  • Humbly
    2022-06-13
    Humbly
    Rather than focusing on short term fluctuations, invest in companies that can create superior value over the long term. This is a golden opportunity to pick the winners of the next decade
  • Karma Rider
    2022-06-14
    Karma Rider
    從來都沒有看過那麼厲害的PO文!
  • charlito
    2022-06-13
    charlito
    haha buy now pay now, lose now
  • Dan1192
    2022-06-14
    Dan1192
    I have previously written a post on why $Grab Holdings(GRAB)$ will not fly. You might want to take a look
  • Urbanpro
    2022-06-13
    Urbanpro
    don't buy
  • Vixenvixen
    2022-06-13
    Vixenvixen
    Even though i do not forsee myself buying Grab anytime in the near future, I do appluad your mindset. That is, no one knows what will happen. It’s speculative, not gambling.
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