• 1984@lemmy.today
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    20 days ago

    Us stocks have been losing their Bull run for the last month, but selling now means you lose the upswing that will eventually occur.

    One word from Trump about less tolls or other positive news would create an instant upswing. So I dont recommend selling at this point, if you didnt sell at the top already.

    You dont sell when stocks go down, you sell when they go up. And you buy when they are down.

    • PapaSkwat@lemmings.worldOP
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      20 days ago

      Exactly. When the stock market slumps, everything is on sale and time to buy up. Trump does plenty of silly stuff, but by knowing how people react to every little thing he does, it’s built up my portfolio pretty good. As long as I don’t buy/sell based on emotions, while taking advantage of everyone who does, it works out for me.

      • 1984@lemmy.today
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        16 days ago

        Went up a bit now on Friday. We will see if he starts a stupid war with iran over the weekend…