Why I Hate the Stock Market - Page 2
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Thread: Why I Hate the Stock Market

  1. #11
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    All stock markets are
    not so much investing as gambling.
    , regardless of ETF or Individual stock, or you guess trend coorectly or not


  2. #12
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    Don't know your stock but if it's that good and at a 25% discount BUY!

    Most likely you missed something and would be wise to learn what.

  3. #13
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    Quote Originally Posted by none View Post
    ... GENERALLY, for long term successful investing you want to avoid buying individual stocks and focus on baskets of stocks via ETFs. Of course, buying stocks does give you the possibility of hitting a jackpot but that's not so much investing as gambling.
    It does ... though some of the +780% stocks in my account are key parts of the index, where the index (or a reasonable proxy) aren't at that level.


    Bottom line is that fundamental value, strong prospects mean nothing until the market notices/reacts. Some of my best short term gains are ones that the market took a while to catch up on.


    Cheers

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  5. #14
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    Steps 1 - 6 tend to happen over a short time span right before and right after you purchase an investment. Over a short time horizon, you might as well flip a coin or roll the dice to determine what will happen next in the market. Nobody knows - even the so-called experts.

    If you've bought a quality investment (be it an individual stock or ETF), then time will reward you, and 15 years from now you will have long forgotten that the price tanked by $4 the day after you bought it.
    Last edited by Mookie; 2017-04-19 at 04:54 PM.
    If you fail to plan, you are planning to fail.

  6. #15
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    Exactly, one has 50% chance a stock will drop after buying. Worrying because it dropped means you didn't have faith in the company when you bought it and shows short term thinking. If one invests for income and finds a good company at a good price, buy it. If the price drops, buy more and earn more.

  7. #16
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    Quote Originally Posted by tygrus View Post
    1
    3. Analyst recommendations at $10 higher than current trading levels.
    If there was a grain of intelligence to analyst recommendations we would all be trillionaires. Anyway if its a decent company buy more...if you were pulling the lever then you lost ...dump it.

  8. #17
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    Quote Originally Posted by tygrus View Post
    1. Identify strong company in growth mode, undervalued, strong past earnings, expected strong growth, low PE.
    2. Buy said stock
    3. Analyst recommendations at $10 higher than current trading levels.
    4. Company reports strong Q1 earnings, beats street, raises dividend
    5. Stock falls $4
    6. wtf?
    Would you mind to share the ticker so we can piggy-back on your research?

    My experience is, this is a normal and regular occurrence. What happened, the momentum investing people sold; gamblers sold, because nothing to gamble short term; not enough value investors to maintain the price. Now bargain hunters will move in, new momentum guys will move in, and new gamblers; price will go up from there. Three months from now you will not remember this has happened, or it will happen again but on a higher level.

  9. #18
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    Quote Originally Posted by none View Post
    Yup - GENERALLY, for long term successful investing you want to avoid buying individual stocks and focus on baskets of stocks via ETFs. Of course, buying stocks does give you the possibility of hitting a jackpot but that's not so much investing as gambling.
    Nonsense.

    Buying blue-chip Canadian stocks that have a history of dividend increases spread out over all sectors will result in long term successful investing, without any MER to get in the way. It's the route to beat the index hands down.

    ltr

  10. #19
    Senior Member none's Avatar
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    Quote Originally Posted by like_to_retire View Post
    Nonsense.

    Buying blue-chip Canadian stocks that have a history of dividend increases spread out over all sectors will result in long term successful investing, without any MER to get in the way. It's the route to beat the index hands down.

    ltr
    This has been shown to be incorrect in the long term

  11. #20
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    Quote Originally Posted by none View Post
    This has been shown to be incorrect in the long term
    Believe the propaganda if you want...........

    I'll continue to beat the index.

    ltr


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