$Alibaba (BABA.US)$ I would blame the country too if I bough...
$Alibaba (BABA.US)$I would blame the country too if I bought baba near the top and didn't sell when the trend reversed lol. Yeah it's their fault not yours lol. If you don't understand when to sell your investments then stick to the index. One thing I can guarantee is$SPDR S&P 500 ETF (SPY.US)$will always go up in the long term, always....
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John Dow
:
True, but there are a number of periods during our history, it took years for the market to revisit previous highs, and when you factor in the drop in the value of the dollar, during those
woodfill
John Dow
:
I know, that's why I said long term. But if you buy monthly, no matter what, you will always be up in the long run, because your buying it when it's down and sideways. Well until proven otherwise.
John Dow : True, but there are a number of periods during our history, it took years for the market to revisit previous highs, and when you factor in the drop in the value of the dollar, during those
woodfill John Dow : I know, that's why I said long term. But if you buy monthly, no matter what, you will always be up in the long run, because your buying it when it's down and sideways. Well until proven otherwise.
Johnsh : From the low in about 1933, when did the market then next exceed the previous high? Then factor in inflation?
ChclABkTHD : Retail investors picking up the bag
including me
long ALibaba to the moon!
fWY3TQgFdr ChclABkTHD : the master has thus spoken