Traders Watch Fed Closely for Clues to Tapering Plan

preview_player
Показать описание


Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.

Connect with us on…
Рекомендации по теме
Комментарии
Автор

The problem about waiting for the stock market to tank 5%-20% is that while you are waiting, it probably went up by the same percentage so you're buying at the same

price now as you would have months ago.
And if the market doesn't tank, then you're buying higher.

that's what they said last year and now those who stood on the sidelines are paying 60% higher because the market goes up in the long term!
That's what those who stood on the sidelines in 2009 said and now it's 4-5 times more (or 450% return) because the market goes up in the long term!

mrpmj
Автор

Biggest risk is not investing in stocks, and sitting on the sidelines and complaining!

mrpmj
Автор

AMAZON:
_Yep, I bought a ton on the dip.

Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock.

...With the Delta virus coming at full speed ahead, pandemic sales will make a comeback.

Amazon is investing so much money, that no competitor will ever be able to catch up.

My strategy is if Amazon keeps going down, I buy more to average cost down..
I buy using money on the sideline, then I sell other stocks that are up, then I sell other stocks that have lost less than Amazon's -7.5%. Most stocks that pop or

drop hard usually recover 50% soon after.
Amazon's not going anywhere so I know that eventually it will come back.
Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market)

mrpmj
Автор

The bubble’s going to pop. One way or another. I just hope the damage is not as bad as 2008.

nyogtheeldritchgentleman