[TOPIC] Buy High vs. Sell Low - Which Hurts More?
On Monday, Ark founder Cathie Wood said that deflation is brewing.
On Tuesday, Wood "bought the dip", which suggested she was preparing for it or confident on the stock market. Cathie Wood spent $41.9 million to add 27 companies, the highest single-day purchase since February. $Roku Inc(ROKU)$$Zoom(ZM)$
Athanasios Psarofagis, a Bloomberg ETF researcher, said
Her investments in the US stock market fell a lot after January this year, but have started to rise in recent days. Cathie Wood’smove on Tuesday suggests shewasvery confident.
Regarding "buy low and sell high", it is important to mention Warren Buffett's famous quote
be “fearful when others are greedy, and greedy when others are fearful.”
Different from the investing guru, retail investors often make mistakes. Instead of “buy the dip and sell the rip”, it always turned to be "buy high and sell low."
Do you think Wood buy the dip or buy the rip on Tuesday?
Have you ever suffered from these heart-breaking experiences?
Which one hurts more for you?
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Turns up SG stock that people belittled and naysayer of dividend built was my best performing one..
Should have stick to what suits one needs and ability to handle volatility. Especially 12hr apart situations
那么痛的领悟～
@Venus_M @HelenJanet @SR050321
1）你不能准确把握市场，但你可以把趋势作为朋友。
2）有时候，朋友背叛了你，你最终买高了。然后，我们不得不安慰自己误读了趋势或朋友。
3）如果钱不是问题，我们可以耐心等待下一波，跌的会涨。
4）在市场上很有趣。❓的生活不是更有意义吗？我们每分钟、每小时或每天都有学习新东西的挑战
5）保持乐观👌·😅
Well as each individual's investment journey differs, I feel that Cathie's strategy of selling off potential good companies when prices dip and buying more of companies which have no economic moat, unsound fundamentals perhaps is good for her!
Besides its proven that Warren Buffett's investments reaps much more huge gains than hers over a period of time.
Interesting