I've got $2000 in msft, similar in aapl and similar in googl.
I believe in these companies long term, but I'm wondering why I should hold them long instead of timing them?
I'm in aapl at cost basis 129
I'm in googl at basis 106.
So if either drop 50% in the coming months I'll “lose” $1000 per stock.
Why shouldn't I just sell both now and wait for sp500 to go to 3200 or less and THEN start buying them?
I always liked the idea of being long goof companies but now even Cramer last night said its better to “take profit” and basically time the market.
I'm 40% cash but why shouldn't I just go 100% cash and then wait for sp500 3000 and then ride it up to 4000 or so and rinse and repeat?
I realize things aren't this easy but the consensus seems to be that the sp500 is going to 3200 to 3000 in the upcoming months.
Heck maybe I should just trade the market and the heck with being long anything!?
P.s. I'm currently down 26% from ath in November 2021 and am 40% cash.
Or maybe I could just hold my longs and trade the 40%??
Anyone else 100% cash looking to get rich in a crash to 3000?
Good luck all and Merry holidays
Let's make some money this year!!
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