Yes, and in addition to every investor having his
Post# of 154852
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Posted On: 10/15/2020 10:20:28 AM
Yes, and in addition to every investor having his or her own risk profile, each of us has a timeframe expectation for our return. I tried timing the market, and individual stocks to a degree, back in the 2000-2008 window and had pretty good results. What I wasn't paying attention to was the fact that for a lot of that "bubble" development a chimp could have been a winner. Then I got caught, ouch. But I stayed all in and more than recovered. It was a lesson learned that has also been reconfirmed time and time again with individual stocks.
After researching different investment approaches, I no longer time the market or the ticker. As you said, CD, I look at the company, its leadership's investment, its market, the value proposition, growth prospects, etc. all in a 3-5+ year timeline. CYDY is volatile. So what. Risking accusations of redundancy here, but if it takes more time it's still within my window. It's my personal opinion, my personal strategy. GLTA!!
After researching different investment approaches, I no longer time the market or the ticker. As you said, CD, I look at the company, its leadership's investment, its market, the value proposition, growth prospects, etc. all in a 3-5+ year timeline. CYDY is volatile. So what. Risking accusations of redundancy here, but if it takes more time it's still within my window. It's my personal opinion, my personal strategy. GLTA!!
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