I am a relatively young investor and I have „investing FOMO“: In these moments I try to scrape together more money and „buy the dip“. It‘s not much in the end.
But I am nowhere on my journey in relation to the people here.
I am a relatively young investor and I have „investing FOMO“: In these moments I try to scrape together more money and „buy the dip“. It‘s not much in the end.
But I am nowhere on my journey in relation to the people here.
A post was merged into an existing topic: Benchmarking The Market
What’s happening today? I know the LifeProTip not to look at the market but what can I do, I check my phone and see >2% gains? Something something futures something.
These days it’s always mix of following
For last 24 hours the story for these topics was considered positive.
The market is like Hotel California
You can check out any time you like, but you can never leave?
Is anything happening?
Just normal Mr. Market environment.*
“Mr. Market’s job is to provide you with prices; your job is to decide whether it is to your advantage to act on them. You don’t have to trade with him just because he constantly begs you to.”**
– Benjamin Graham
** I would be eager to provide a longer and better explanation here, but I now need to have a close look at my watch list and the market now and see whether these intraday fluctuations provide me with a great short-term buying opportunity.
--Yours Truly (a long term investor)
This is also happening:
EZB senkt Zinsen um 0,25 Prozentpunkte
Die Europäische Zentralbank verringert den Leitzins auf 3,5 Prozent. Dies war erwartet worden.
(Tagi)
(NZZ)
Anyone buying anything?
Nothing interesting seems to be marked down these days …
I might have to turn to songwriting if the market keeps going up (Yes, this is a personal threat to you, Mr. Market!):
No dip today, my love has gone away
Red prices stand for lorn, a symbol of the dawn
No dip today, it seems just going up
But people passing by don’t know the reason whyHow could they know just what this message means?
The end of my hopes, the end of all my dreams
How could they know the crashes there had been
Behind the door where my love reigned as in the green
Feel free to sing along now: No Dip Today (an earlier recording where I hadn’t yet gotten the final lyrics right).
Market down -: @Your_Full_Name is buying the dip
Market up -: @Your_Full_Name is looking to buy the rip
Says cash is on the sidelines to be invested,
It’s not tough to keep him interested
Touché!
Edit: Just for the record, though, I don't buy rips.Nah.
Bought VT two days ago.
Just kept buying™
I plan to increase my DVD collection. chdvd.
The concentration in that fund is crazy.
The top 5 are 70% of the fund.
At that point I‘d just buy the single stocks if you think those companies are worth to buy.
I’m more amazed how much cash they hold, e.g. in CHF they’re sitting on 1.25% cash (and that they also seem to hold GBP?).