08-19-2019, 07:29 AM
(08-19-2019, 05:23 AM)rayray Wrote: No Fenders, I'm okay! And I always appreciate your posts!
I believe there's many right ways to invest--it's just important to find one that fits.
I'm also impatient, usually or have in the past invested a bit too early, not that it was the wrong stock to buy but just a little too early! lol....That's why I've been waiting a little longer to buy something and I'm okay investing smaller amounts. Being a value investor tends to be painful at times, sometimes longer then I like but with time it usually works out.
Value investing may seem painful, but it's for sissies when you compare it to some of the other investing styles when the market turns against you for a few years.
As I've mentioned before, many of my opinions are jaded because I got crushed when the tech bubble popped. I actually missed half of the financial crisis pain because I employed some meaningful asset allocation for the first time ever. Then about 8 years of "all in" and I do mean all in. As far as patience, I prove over and over that more often than not I jump a little early, whether in or out. In both directions so it just proves what we already know, that we can't time a top or bottom. Not in the market nor one stock. I used to use commissions as my excuse to make one move and be done with it. My commissions are $2 now so a nickel a share if I cut my trade size down. I think I can afford that lol.