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Tuesday, June 6th, 2023
My fastest appreciating asset over the past two years is an 11-year-old car.
@norman-oklahoma you can investigate a horses past performance and judge his completion pretty easily. He's probably already raced the other horses before. Betting on horse racing is a lot less speculating than playing the stock market. I have a friend who hangs out in bars a lot. I don't think he even graduated from high school. He can pick the winning horse everytime or determine when when it's too close to call.
can investigate a horses past performance and judge his completion pretty easily.
That's part of what you do with stocks, plus looking at current market and economic conditions and their projections.
The horse's past performance doesn't take into account any recent injuries, being off his feed, or random conditions in the race. Same with stocks.
The horse's past performance doesn't take into account any recent injuries, being off his feed, or random conditions in the race
The all time record for the Yankees vs. my Mariners is 250-184. The Yankees are clearly the better franchise and for any given game I'd put my money on the Yankees. But they lose to the Mariners 42% of the time.
My wife wants out of the stock market. I said better to wait at least 2 years. 9 months down then some recovery period after that.
My fastest appreciating asset over the past two years is an 11-year-old car.
Depending on how much gas it has in it...
The absolute best time to be selling, unfortunately, is when you have very little or nothing to sell. The best time to buy is when you have very little or nothing available to invest.
That's part of what you do with stocks, plus looking at current market and economic conditions and their projections.
I bought AMZN yesterday. I hope I'm correct (THIS TIME) *! 😯
* (look in news for wife charged in shooting of amature stock investor)
My wife wants out of the stock market. I said better to wait at least 2 years.
There is dollar cost averaging into the market and dollar cost averaging out. About 5 years before your planned retirement date you should start DCA'ing out, to the proportion you want to be out.
I bought AMZN yesterday.
Why?
Why?
One of multiple investment companies recommending a buy.
I'm not vested enough to where I'll be heartbroken if it does not reap the benefits I anticipate. 😎
One of multiple investment companies recommending a buy.
The trouble with recommendations of this type is that about 10 million people got it before you and I did, and acted accordingly.
I still regret buying SNAP.
