The exact entry point IS IMPORTANT to buy at ATH may work in Bull times, but will otherwise blow up in your face!

Since I watch daily exactly the part of my portfolio in the landslide, where I have not yet used TA for the purchase, here is a discussion offer for anyone who supports the first thesis.

@ just about every Instagram Finfluencer

@SharkAce and @RoronoaZoro

thesis

"If you buy shares for the long term, the income does not play a role.

Basic idea : if I buy a stock at 15$ or 20$, it will be at 200$ in 20 years, the return difference is not so big.

So no matter when you buy the right stocks, the main thing is to buy them?

Counter thesis

No. An unbelievable nonsense to talk up the abandonment of timing. If I buy for the same money at 10$, I logically have 50% more shares than if I would buy at 15$.

Example:

I buy shares for 300€.

Scenario A: at 10$ (30 shares) in March 2023

Scenario B: at 15$ (20 shares) in April 2023

Assumptions:

- I have chosen exactly the right stock, it will rise to 200$ in 20 years.

- I find a good exit (because even holding for the long term means selling at some point, it would be stupid to do this at a bad time. Dividends excluded)

Result:

Scenario A: buying 30 shares results in a profit of 5700$.

Scenario B: buying 20 shares results in a profit of 3800$

Core statement

Stock picking completely without timing is inefficient and the risk is much higher than the possible reward.

• With the right stocks it leads to extreme long term return losses
• With the wrong stocks it leads to extreme yield losses

So: Doesn't buying stocks as a private investor who neither has insider information of a company nor wants to time the purchase make no sense at all?

& Connected to that: If so, then why do so many investors buy any individual stocks while demonizing anything that comes close to timing?

Disclaimer

I don't claim to be the timing god by now, nor that I can do it better than anyone here, nor that it's easy. Logically it is not easy, then everybody would do it.

But shouldn't interest in it be the basis for individual stock purchases?