facebookMany people spend years waiting for a crisis to buy cheap stocks. But when the opportunity presents itself on 23 March 2020, they were afraid to or were still waiting for an even lower entry price. Were/Are you one of them? - Seedly

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Anonymous

28 Dec 2020

Stocks

Many people spend years waiting for a crisis to buy cheap stocks. But when the opportunity presents itself on 23 March 2020, they were afraid to or were still waiting for an even lower entry price. Were/Are you one of them?

Buy when there is blood on the street - This is one financial lesson that many preaches but hard to apply when the opportunity comes along.

Discussion (3)

What are your thoughts?

Many usually fail to time the market accurately. Truth is when the market tanks, you will try to capture the bottom but by then, it would be recovering already

Nope. I went in late March with some small positions and when a follow through day occured on April 6, i went in more aggressively. Always trade and invest with the trend. Remember this truth - the market is always right and you are quite often wrong.

Still got chance. See baba tonight how much. Drop more then buy more 😁. Opening up warchest....

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