Are you a trader or an investor? Only traders keep an eye out for the “right moment.” Investors have a long-term goal that doesn’t depend on the current price.
If you see yourself as an investor with a long-term investment horizon: Buy. Everything. Right away.
If you see yourself as an investor with a long-term investment horizon: Buy. Everything. Right away.
••
Investor. If it were that simple and you didn't have to keep an eye on the prices at all, it would be boring, wouldn't it? With my other individual stocks, I've also made sure the prices are right. With Hermes, for example, I'm still down 20%. With others like Visa, SAP, or Amazon, I'm up 30%.
••
