I have done this many times, in fact I can singlehandedly ta...
I have done this many times, in fact I can singlehandedly take down the market at times with my poor timing
However, what I have learned is that if you do some homework and pick solid companies you can recover by ignoring your emotions and adding a little strategy. Example, I bought Disney a while back when dropped to around 100. Went up a bit, then down, but it had good multiples, so I bought smaller bites on dips and am sitting pretty good right now. Did similarly with Apple and Netflix. On the flip side I have screwed up plenty as well, but I learned that quality companies and a little homework greatly improves the results. BTW, you can do the same with sector ETFs and sleep better by minimizing wild swings. 🤞🤞
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Heartstrings : yes I bought a number of stocks at high prices but I am still holding on to them. I will wait for the market to stabilise abit with more certainty before going in to average out the price. I strongly believe in the stocks that I bought , they have potential...