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I bought VOO and AMZN yesterday. First time buying an individual stock since pandemic. Kicking myself for not buying more. Still waiting a week to possibly buy
by carabiner 2y ago
I bought VOO and AMZN yesterday. First time buying an individual stock since pandemic. Kicking myself for not buying more. Still waiting a week to possibly buy more if there's another shock, but if the market's up, I'll buy less.
- ackbar03 2y agoThat's stock speculation for you, everything you do is wrong in retrospect
- carabiner 2y agoI just buy during big fucking crises, either individual stocks or index funds. Front page of the NYT type shit, "existential threats" to 100+ year old concerns. Boeing, Toyota, pandemic. Such opportunities only come up every 2-3 years or so. Sell after 1-2 years to get the lower tax rate.
- fragmede 2y agoDCA and time in market beat trying to time the market. If you're doing nothing all day but refreshing Twitter and Robinhood maybe there's some alpha but that's too much involvement for me.
- immibis 2y agoThe first sentence is a thought-terminating cliche and is not true. Correctly guessing the shape of the Trump tariff crash was worth an entire year in the market. Crashes that don't instantly reverse themselves tend to be more like ten years.
- fragmede 2y agoyes but unfortunately for me, I don't have insider information or a time machine. If you had $10,000 today, where would you put it?
- 0cf8612b2e1e 2y agoFeels equally plausible that there would have been an across the board increase in tariffs just to look tough. There is no logical analysis of the current situation.
- outer_web 2y agoBe careful with Amazon, the algos seem to have not realized China is still being tariffed.* * Observation valid for the next 30 seconds. Certain restrictions apply.