Stock prices always seem to be on the high side when looking across 52 weeks. Is there ever a good time to buy or should I just buy if I feel that it’s a good stock? - Seedly
 

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AMA The Fifth Person

Asked by Anonymous

Asked on 16 Feb 2019

Stock prices always seem to be on the high side when looking across 52 weeks. Is there ever a good time to buy or should I just buy if I feel that it’s a good stock?

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Victor Chng
Victor Chng, Co-Founder at Fifth Person Pte Ltd
Level 6. Master
Answered on 18 Feb 2019

Hi,

A good company can be a bad investment if you pay at the wrong price. The important thing is to know how to value the company and buy them based on valuation.

Personally, for company with good business, I tend to buy them at fair or 30% discount to intrinsic value (IV) but for fair business I will want to buy them at 50% discount to IV.

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