Would wait for the rate hike, but very interesting
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@Prospector is nonsense. After the next interest rate hike comes the next one... and then what? The market is currently pricing interest rate hikes into all valuations. There is no question that it may take another two days for companies to find their bottom. But once the rate hike has been implemented, the future of the next hike or other things are already being priced in....
So when is the right time? If he is convinced of the company and goes long, immediately. If he wants to trade the story, then wait for the bottom in the next few days (weeks) and strike. But then with all the consequences.
So when is the right time? If he is convinced of the company and goes long, immediately. If he wants to trade the story, then wait for the bottom in the next few days (weeks) and strike. But then with all the consequences.
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@InvestmentPapa have already bought. Also in view of the dividend cum day at the end of January and as an investment for the longer term.
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•@Lynchiboy Good guy! 🥳 Not because I'm invested myself, or would invest... (neither is an option) no, because that's why: time in the market, beats... well you know. And long term is always good. Good luck! 🍀
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