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”
Some businesses, such as education or fitness, can succeed if only the number of aspirants increases steadily. In a business that provides a service that acquires and develops, making new customers continue without giving up determines the business’s success or failure. No matter how hard you promote, if you do not create the persistence of the aspirants, passion, and effort will lead to damage. - Joseph’s “just my thoughts”