@ren_stocks I didn't buy the dip... I still have my original 300,000 position, but I was thinking about buying more but chicken out.... urgh... should of have more faith.
Like George Orwell warned us: "trust your eyes". Before the proliferation of vaccines doctor is not a common job because NO ONE GETS SICK. Hospitals are small (today we have "campuses", ridiculous), mostly empty, and only active when there's major accidents victims. Growing up in those days I think I've only visited the doctor's office less than 10 times in my first 30 years of life, and NEVER visited a hospital. Now? Doctors/Hospitals are a part of your weekly schedule.
since market is up and down, it's not about stop investing it's how to rearrange your folio once you build up a good number. For me High Yield ETFs are very underrated because people assumed you're just getting your capital back, but in reality, like all stocks, if you buy the right one you will be rewarded.
I have 30% of folio on High Yield ETFs that gives me $60,000 annual dividends, AND my ETFs grew 80% (so I get the benefit of a growth stock AND paying me high dividends). You should check it out.
You shouldn't rely on selling stocks (in the future) to spend, but having stocks give you dividends.
When I bought AAPL at $9 people told me it's a dead junk company that makes bad electronics. When I bought AMZN at $6 people told me it's a dumb warehouse bookstore. When I bought NVDA before they took off people told me it's just a gaming graphics company. You want to make money? You listen to good investors take, you research the market, you see the potential, you commit. SIVE is involved in AI, Semi, Space, and Defense. Their unique invention is top quality and attested by all. So while you stumble from stock to stock barely make 10-15% return if you're lucky, people committing to good companies early are making generational wealth.
@cashflow_king94 bought at $1, kept at $10, didn't panic sell when it's dumped to $3.50, and now it's back up to $4.8. Still 480% profit.
My large caps? 15% (not bad), but 400% vs 15%? This is why you listen to the people that knows what they are doing in X and just do it.
@visegrad24 This actually expose the dangers of "one vote a person democracy", your nation can be taken away by a hostile foreign power in a few election cycles. This is why America is a Republic and not a blind Democracy, but America is heading that way...
This guy just missed a +30% turnaround because he failed to realize: 1) The insider selling news is fake/misleading. The sell was done months ago. 2) The REAL current news is two major insiders PURCHASES. 3) Institutions purposely scaring retailers to sell generational stocks. 4) Institutions buy the dip, but of course this guy's staying put...
1) Misleading news, 50% of the sell was months ago and the man is retiring.
2) Two insiders just made major purchases of SIVE
3) People listening to your fearmongering just missed generational wealth, and big institutions are all but too happy to pick up the sold stocks.
Update: SIVEF up 15%
People: "Stock Market is a scam, retailers always lose money"
Easy way to beat the institutions:
1) Buy whatever Trump calls out
2) Buy whatever Congressmen buys
3) Buy whatever Leopold buys
4) Do the opposite of what Cramer says
I have a dummy folio doing all 4 since March, and it's up 186% to date.... amazing.....
SIVE used to be 70% retail. It went up to 100SEK and made a lot of retailers rich. Institutions realized this is the new generational stock. So, a series of shorts, misleading news, etc. tank the stock from 100SEK high to 40SEK. 80% of retails dumped, and guess who is now picking up SIVE at 60% discount?
@aviationbrk Modern pilots are no longer properly trained, spent most of the time in simulators. We are seeing this more and more as modern pilots can't even predict wingspan.