Stocks should be bought cheaply and sold at a high price to make a profit. Therefore, it is said that timing—specifically, the timing of buying low and the timing of selling high—is a key factor. However, the issue is that I can’t predict the timing. It’s similar to how we can’t know what the weather will be like a year from now in our area. It’s wise to assume that the best approach is to acknowledge our uncertainty about timing. Attempting to time the market is a common trap for stock investors. Consider this: if you could know the timing, you would be the wealthiest person in the world. The advantage of long-term investing is developing the ability to identify stocks that are likely to appreciate over time, despite the fluctuations in stock prices, and investing in their value. The choice is yours. - Joseph’s “just my thoughts”
Humans understand the notion of “expectation time.” It’s crucial to confront the issue that is tacitly accepted. This tacit acceptance becomes problematic regardless of whether the “expectation time” is brief or lengthy. For instance, if a meal takes five hours, something must be amiss. Conversely, if a haircut lasts just one minute, people might suspect dishonesty. Effective communication hinges on precise expression, but it is equally essential to manage expectation time appropriately.
- Joseph’s “just my thoughts”
Comments
Post a Comment