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...in these yo-yo markets?
I think so, yes, in the long term. According to my records, since I started tracking this 4.1 years ago, my current portfolio performance is 6.7% CAGR using the approach I wrote about in this thread....in these yo-yo markets?
why would you want to sell now? Even if you made a small profit, the market has a long way to grow still and it probably will. Everything I’ve bought is trending upwards, even as it drops a little every other day.I guess i was hoping for more specifics...eg
"I bought xyz on xday & sold on yday & made z$$" 🤪
Anybody doing that?
On 19 Mar, I bought 1000 shares of CNQ at $11.00. Wasn't the bottom, but I am still holding those shares. No point in selling now. CNQ is a buy at today's price.I guess i was hoping for more specifics...eg
"I bought xyz on xday & sold on yday & made z$$" 🤪
Anybody doing that?
Which cyclicals do you suggest?Not making big money yet, but I'm making investments now that I believe have 100-200% upside over the next 2-3 years. Oil/energy, materials, lumber, maybe some housing if it drops some more. The time to buy cyclicals is near the bottom when they are losing money, not at the top when they are making it.
I do not base anything on news. Who is corrupt. If memory is correct in 2009 Pharmaceutical companies gave a lot of money to who to change the standards for what is considered a pandemic so to be able to sell vaccine. Forget the exact details. The documentary on you tube was recently removed though can be fond on Martin Armstrong website. For this so called pandemic who received a lot of money from the guy that wants to lock us all down till we are vaccinated & even wants to implant us with microchips. There is no evidence that the healthy should be locked down for Covid. Who is out of control. When I have more time I will look up links regarding the above & postI would like to hear your thoughts on the multiple crashes going into 2022.
The WHO is talking about another wave coming.