(Total Views: 771)
Posted On: 06/15/2017 6:39:04 PM
Post# of 75564
If you're true long here then the daily price action is really not that important.
I would also suggest the time tested dollar cost averaging approach.
Again...that would be for true longs and new investors.
Hope this advice reaches new investors who aren't sure when to start buying. What it means to them is buy now and invest the same amount of money on a rigid schedule. It can be once a week, once a month etc. Etc. but make your own schedule.
It automatically buys more shares when the price is low and less when the price is higher.
Don't waver and you will be greatly rewarded in a 3-5 year time frame at most.
That is my humble opinion.
PS. I will only be at Mountain jam on Saturday for Gary Clark Jr. and Tom Petty this year. Possibly all day Saturday. Family issue which is always my first priority
Peace and good luck to all good people and rock on RMHB!
Mountain time is here!
I would also suggest the time tested dollar cost averaging approach.
Again...that would be for true longs and new investors.
Hope this advice reaches new investors who aren't sure when to start buying. What it means to them is buy now and invest the same amount of money on a rigid schedule. It can be once a week, once a month etc. Etc. but make your own schedule.
It automatically buys more shares when the price is low and less when the price is higher.
Don't waver and you will be greatly rewarded in a 3-5 year time frame at most.
That is my humble opinion.
PS. I will only be at Mountain jam on Saturday for Gary Clark Jr. and Tom Petty this year. Possibly all day Saturday. Family issue which is always my first priority
Peace and good luck to all good people and rock on RMHB!
Mountain time is here!
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