Many great companies are always good investments in the "long term" and "longer term". Historical charts almost always say so. However, when some people take great efforts and pains to write out how cheap and how ridiculously low price a stock has become, it pays to be very caution. Microsoft is certainly a great company, so are companies like IBM and Intel though both these companies prices didn't perform great over the years. Cheap can become cheaper, especially during unfavourable economic conditions. Cheaper and greater prices can be obtained when some people dump great companies in times of fear. Very long ago, a wise elderly professor once said "Greater opportunities favour the patient, that's how transfer of wealth takes place"..........please deeply reflect π€π€π€π€
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