What I Am Buying Today.

[fenders53]

(01-24-2022, 12:36 PM)divmenow Wrote:

(01-24-2022, 12:24 PM)bankerboy Wrote: We’re not losing money Fender, we’re gaining buying opportunities!


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Well when you see your portfolio down $27,000 it's not a good feeling. 

Have to get over being scared and buy up the good companies. Can't make money sitting on the sidelines like a scared little boy lol 

Just think back when the pandemic hit and WEN was at $5 lol

And most companies are in better positions now then pre-pandemic

This is just a scare tactic by the sec and the powers to be. All those stop losses are being taken out, and people are scared were going down another 25-30% from here. Cooler heads prevail

At the end of the day we are still in the phase where the weak hands who haven't experienced this before are in panic mode.  They dont't know what they own so they are terrified. The ones that owned complete crap are mostly shaken out at least a quarter ago, or the port is down so bad it doesn't even matter. 

Budgeting your new cash is hard.   Sitting on your hands trying to time the absolute bottom will fail you if you try it enough times.  It sucks to be all in and some stocks you want dip another 20%.  

I hate to suggest this, but if you are out of cash, and have some stocks that have only dipped a few percent, maybe there is your cash? If I had any sense I would dump my UTEs but I don't need investing cash yet.   Just know NOTHING will be spared if the SPY gets hit another 10%.  Some of that $5 WEN or another profitable ticker that gets whacked way too hard might be a good use for it?  You moight have to wait a month or longer for that to happen. Don't buy any crap, no matter how tempting it is. After the dust settles maybe a few of those stocks are worth a gamble after they get halved yet again.Mostof them will just be junk though.