RE:RE:RE:RE:RE:RE:RE:RE:Spirit to decide on next aircraft order in six monthsGood advice Glass..I think Patience is another key character everyone should have beside planning & Goal..
Some people lose money just because of not having enough patience and flipping the portfolio items too frequent...
glasshalfful wrote: Back when I was smarter than everyone else, I timed the market. Its a no brainer to "Buy low, Sell high" ... dugh ...
Then something happened, I realized I wasn't as smart as I thought I was ...
My advice to my kids (they are no longer kids), start early, be disciplined, have a plan.
"
Because of the way our brains work, most of us worried about the possibility that this correction was turning into an outright market crash. Our instinct was to dump stocks. Surely, many investors sold and told themselves they would "wait out the volatility" on the sidelines. A confident few likely even shorted the market. However, history shows this is the most classic mistake investors make."
Improve your odds of success link
""Corrections are part and parcel of the investment process, they come and go, and it is imperative to take a deep breath and realize that what is most important for building wealth is not 'timing' the market but rather 'time in' the market,"
Of course, if you have a portfolio of one risky (ie 'get rich quick') security ... that's not a plan.
DYOD ... but the above has worked for me (once I smartened up) as an 'average' investor.
"RE:RE:RE:RE:RE:RE:Spirit to decide on next aircraft order in six months
I'm hearing a lot of talk about this impending crash/correction. Of course the market can't go up forever. But all I know is when everyone is so sure of something happening, don't be surprised of the opposite.
mrsly0 wrote:100% right. I must add airbus sold no a220 on their own. they just closed two customers bbd had already started with. nothing new, no sales from airbus. no change in the production rate at mirabel.
I'm on the sideline until the end of september to see how low the market will go in this large coming correction/crash.
good luck
EmilyTrue wrote:Yes momo, they were on the verge of bankruptcy before Bellemare, and the ONLY reason they survived was because of PQ and Caisse investments and Federal bailout. Do you think there is any chance for another bailout after the whole Boeing dispute? Everyone is watching closely. The reality is the best thing that Bellemare accomplished since arriving at Bbd is cutting thousands of jobs. Apart from that, he gave away planes to Delta, increasing the debt, and gave away the Cseries with another billion committed to Airbus. Plus a ridiculous amount of shares on top of that. Unfortunately it was not his fault. He was handed a sinking ship with the expectations to fill all the holes. GLTA