[TOPIC] Buy High vs. Sell Low - Which Hurts More?
On Monday, Ark founder Cathie Wood said that deflation is brewing.
On Tuesday, Wood "bought the dip", which suggested she was preparing for it or confident on the stock market. Cathie Wood spent $41.9 million to add 27 companies, the highest single-day purchase since February. $Roku Inc(ROKU)$$Zoom(ZM)$
Athanasios Psarofagis, a Bloomberg ETF researcher, said
Her investments in the US stock market fell a lot after January this year, but have started to rise in recent days. Cathie Wood’smove on Tuesday suggests shewasvery confident.
Regarding "buy low and sell high", it is important to mention Warren Buffett's famous quote
be “fearful when others are greedy, and greedy when others are fearful.”
Different from the investing guru, retail investors often make mistakes. Instead of “buy the dip and sell the rip”, it always turned to be "buy high and sell low."
Do you think Wood buy the dip or buy the rip on Tuesday?
Have you ever suffered from these heart-breaking experiences?
Which one hurts more for you?
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Turns up SG stock that people belittled and naysayer of dividend built was my best performing one..
Should have stick to what suits one needs and ability to handle volatility. Especially 12hr apart situations
那么痛的领悟～
@Venus_M @HelenJanet @SR050321
1) You can't time the markets to the dot but you can count on the trends as friends.
2) Sometimes, the friends betrayed you. You ended up as Buy High. Then, we have to console ourselves on misreading the trends or friends.
3) If money is not the issue, we can patiently wait for the next wave. What goes down will come up.
4) It's fun to be in the markets. Isn't it ❓Life is more meaningful what we have the challenges to learn new things every minute, every hour or every day
5) Stay positive 👌 😅
Well as each individual's investment journey differs, I feel that Cathie's strategy of selling off potential good companies when prices dip and buying more of companies which have no economic moat, unsound fundamentals perhaps is good for her!
Besides its proven that Warren Buffett's investments reaps much more huge gains than hers over a period of time.
Interesting