BUY LOW SELL HIGH?
I am not a believer of buy low & sell high. The chance of profiting on this adage is at most highly uncertain if not low. Even as an accountant we believe in getting the value you pay for- in other words you don’t expect to benefit more than what you paid especially in this technology driven era where market is almost perfect & information is readily available to all, price will eventually adjust itself.
Take the stock market for instance, stocks that sell at low price from my years of experience in stock market will drives lower, of course there are exceptions like flash negative news that is circumstantial which eventually the price will adjust itself. There are reasons why certain shares are battered more often than not due to the fundamentals of the company like the profitability, leverage, cashflow generated & eventually rewards to us as shareholders either via dividends or in terms of potential upside price of the shares.
Rather than following buy low, sell high, I am more atuned to buy high, SELL HIGHER. This is especially so for the best of the best stock in the TOP performing sector of the market. Take any of the so called magnificent 7 stocks NVDA, AAPL, AMZN, GOOG, META, MSFT, & TSLA responsible for driving the market up this year. If anyone goes long on these tickers either by buying calls or shares even after the “rally” one can easily pocket a handsome gain on these names. I am confident after their initial run there is still massive gains to be made from these names, save for some minor pullbacks in the short term. Below are some transactions I have done on these stocks and I believe there are still more upside.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
In my own opinion, this stock is truly for a long haul and not for a quick-wish beat millionaire. Patience is a virtue here. Good luck to all.
Apple was always the leader of ai, I wonder if they have something up their sleeve like chat gpt
The market will naturally tell you when to buy low and sell high.
For the group of first-time homebuyers, any price is worth considering.
Mainly buying on the rise, not on the fall.