Counterpoint:
Sometimes companies drop to multi-year low and look like a buying opportunity. However they can also keep dropping to bankruptcy.
These companies may make you a good return, but may also take away all your investment. I have experienced both.
Only invest if you can afford to lose your initial investment.
Volvolugnut
Stocks, cryptocurrency, and finance talk thread
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volvolugnut
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Re: Stocks, cryptocurrency, and finance talk thread
The Fleet:
Volvo: 2001 V70 T5, 1986 244DL, 1983 245DL, 1975 245DL, 1959 PV544, multiple Volvo parts cars.
Mercedes: 2001 E320, 1973 280, 1974 280C, 1989 300E, 1988 300TE, 1979 300TD, parts cars.
2009 Smart Passion
Ford: 1977 F350, 1964 F150 (2), 1938 Tudor Sedan
Farmall tractors: 1956 400 Diesel, 1946 A
And others.
Volvo: 2001 V70 T5, 1986 244DL, 1983 245DL, 1975 245DL, 1959 PV544, multiple Volvo parts cars.
Mercedes: 2001 E320, 1973 280, 1974 280C, 1989 300E, 1988 300TE, 1979 300TD, parts cars.
2009 Smart Passion
Ford: 1977 F350, 1964 F150 (2), 1938 Tudor Sedan
Farmall tractors: 1956 400 Diesel, 1946 A
And others.
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abscate
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Stock prices bear a very loose relationship to company performance in the short term, where short term is < 3 years. Wall Street rewards behavior, not performance.volvolugnut wrote: ↑26 Feb 2025, 09:54 Counterpoint:
Sometimes companies drop to multi-year low and look like a buying opportunity. However they can also keep dropping to bankruptcy.
These companies may make you a good return, but may also take away all your investment. I have experienced both.
Only invest if you can afford to lose your initial investment.
Volvolugnut
That’s why long term strategy is index funds, which have not been beaten by any managed portfolio in history over 10 year cycles.
Empty Nester
A Captain in a Sea of Estrogen
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A Captain in a Sea of Estrogen
1999-V70-T5M56 2005-V70-M56 1999-S70 VW T4 XC90-in-Red
Link to Maintenance record thread
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volvolugnut
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I have personally moved more of my investments into index funds in the last few years. Advantages are good returns, diversification, and low fees.
volvolugnut
volvolugnut
The Fleet:
Volvo: 2001 V70 T5, 1986 244DL, 1983 245DL, 1975 245DL, 1959 PV544, multiple Volvo parts cars.
Mercedes: 2001 E320, 1973 280, 1974 280C, 1989 300E, 1988 300TE, 1979 300TD, parts cars.
2009 Smart Passion
Ford: 1977 F350, 1964 F150 (2), 1938 Tudor Sedan
Farmall tractors: 1956 400 Diesel, 1946 A
And others.
Volvo: 2001 V70 T5, 1986 244DL, 1983 245DL, 1975 245DL, 1959 PV544, multiple Volvo parts cars.
Mercedes: 2001 E320, 1973 280, 1974 280C, 1989 300E, 1988 300TE, 1979 300TD, parts cars.
2009 Smart Passion
Ford: 1977 F350, 1964 F150 (2), 1938 Tudor Sedan
Farmall tractors: 1956 400 Diesel, 1946 A
And others.