1Yr
Honestly, the whole situation makes me pretty desperate. Before you were worried about what to buy, because you did not know how low it still falls... Now it's the other way around. I would like to invest right now, but no idea in what. Because the correction can come at any time. Currently, the only ones that are falling are the big ones ala $MCD and especially the medical sector.
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11
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@El_Riemo no matter in which direction it goes, stock market is always uncertain. I like to have some cash lying around that I can always react. In phases in which I do not really know what is best, I then like to invest passively and let that run!
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Do not despair. Deal with the companies beforehand and if you are convinced of their strength, use such moments to buy anticyclically. Price weaknesses are then more of a reason for joy đ
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1Yr
@MitVerstandzumKapital What do you do "passively" at times like this?
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11
â˘1Yr
@CashDividendGamer I'll be honest, I don't have the anti-cyclical thing down yet. Is there a guideline for when it's best to buy what?
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@El_Riemo BlueChip companies that are profitable and not some unprofitable companies/crap. Nevertheless, before you invest, get to know the individual companies and their business model. If you know for yourself that the companies you invest in are good, why they are good, where the moat is, etc., price fluctuations do not really rob you of sleep. Any pennystocks, however, where you hoped for a tenbagger and the prices get worse and worse, well, the chances of a total loss are not so bad and you rightly have worries.
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@El_Riemo Savings plans!
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1Yr
@MitVerstandzumKapital The run with me anyway alongside đ Vllt I should open new, until the situation has calmed down... I just do not want to touch anything currently...everything much too hot.
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11
â˘1Yr
@CashDividendGamer That is clear. I tried that, like any newbie. I fell on my face, even more than once. Now I have learned and quality is the order of the day, while I still smooth out the mistakes I have made. However, Blue Chip or not...they also run too hot sometimes...Apple, Amazon, Google...they all came back too fast now.
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