Cyber Mon; after Black Fri. Looking at UMC, SOFI / NU
With the blink of an eye, Black Friday (25 Nov 2022) was over in a jiffy.
There is definitely some truth in the sayings "Time and Tide waits for no man !". Agree ?
Did you manage to "score" and load up on your favourite stocks ? I did not. Not because I did not wish to.
Rather I have been "confused" by some "teacher / guru / financial experts" on the internet.
What did they do ?
- Do not buy into a stock when its price is falling. This is easily the worst mistake any investor can make !
- Do not buy into a stock when its price is rising. This is especially true if its a punter's stock or more politically correct (nowadays) - a meme stock.
Why in the first place did i make time to listen to them ?
I was surfing to see if there is anything new to learn when it comes to investing, apart from :
- Invest in value stocks (also known as Value Investing)
- Look at your shortlisted stock's technical chart for technical "signs" of bottom out, breakthrough, price manipulations
- Research on a shortlisted stocks's Quarterly earnings and Financial statements on Total Revenue, Net Income, Cash Flows, Liabilities etc..
Imagine learnings from internet where "guru's" teaching are conflicting in principle ! Wouldn't you get confused ?
Are both approaches right or wrong ? Honestly, I am unsure.
Believe the verdict is still out there. Anyone interested to take a stab at this ? I will lend my listening ears. Hee hee.
Have I missed my chance to score on Black Friday ? Any regrets ? Of course, Not !
This is because there is still Cyber Monday (28 Nov 2022) no ?
And Fantastic Tues, Fabulous Wednesday etc... Get the drift ? Whahahaha...
Simply put - in investing everyday is a bargain "Buy" when the price is right no ?
This is my "revelation" after mulling over the two conflicting investment concept.
It may not be enough for anyone else. It is enough for me. Hee hee.
With that, I will be sticking to my guns and continues to focus on the followings. Afterall, I have done my homework on them and their latest Q3 2022 earnings report looked mighty fine to me.
PS : My posts on above 3 stocks' Q3 2022 earnings can be found in my "library" of postings... Hee hee.
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NOTE :
What I am looking at may not be your cup of tea. You have to be diligent in homework.
Always remember, when it comes to investing your hard earned salarly - no corners to cut, no short-cuts to take.
Do not throw cautions to the wind and buy into what are the flavours of the month. Investing doesn't work that way.
If you have any afterthoughts, please share in the Comments section below ok. Love to hear you !
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Matching song ? I Still Haven't Found What I'm Looking For by U2. Dunno ? YouTube it !
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