RE:RE:RE:RE:RE:RE:RE:RE:RE:obviousPlease, don't quote I presume THE W. Buffett and offer investment advice until you get some handle on basic math. Invest $10K, for example, at an average cost of $1 or $3 and the difference "won't matter much" at $20? Do ou and Edcando see eye to eye because you were math classmates??? You will win if you "like the company and trust its vision"??? Would you care to include sound execution of a sound vision as a key success factor or is it a great vision? Stock exchanges, especially junior ones, are graveyards of companies with great visions. Just stop this madness whereby you are working so hard to embarrass yourself, I am starting to really feel for you and it is not funny anymore.
overroad wrote: canyousayiii wrote: Overroad, seeing a 60%+ decline in your investment as a blessing is an investment strategy that I would personally not be proud of. Had you waited to buy 3+ shares for the price you spent on 1 would have been something to brag about. What is your educational background? And what schools should we warn kids to stay away from? Time to contribute!
lol if you are trying to time the peaks and valleys. even the most experienced traders cannot predict this. i can tell you this, come 2025, $1 or $3 average wont matter much if we are mid cap range. you can kill youself over the shoulda coulda woulda's. remember mr buffets saying " the stock market is a mechanism for transfering wealth from the impatient to the patient." for the thick headed ones, that means you try to time the bottom......and fail, have a loss for sometime, and just when it starts to recover, sell at break even.......thats impatient. the patient know that if they like the company and trust its vision, they will win in the end. thats the patient....only a swing trader or an idiot would be mad that they didnt get in at 1 instead of 3 when the price is 20....only amateurs play that game. and here i thought you were edumicated.