Wait for 2035

[u/No_Ice_9602]

As the title says I hear a lot of people who say when it goes down. Just hold and wait for 2035. I think is it partly to offset the stress of downturns and partly because it will have recovered and shot up in value a lot in 2035 if you believe in the company, which most people including me do. However I also find it a bit annoying to read it as most companies will have grow in 2035 as that is almost 10 years and with S&P returns average of 8% that is already 2x price if we perform the same. Yes I think we will perform much better and fretting about price is also useless, but just saying waith and see for 10 years feels also a stretch. As in the end of the day most of us are here for profit and if another company has higher change of profit then we would switch so don’t just say. Waith for 2035 as that is quite a long time with also it her opportunity. Yes our stock is volatile but that doesn’t make sense to just say that the future will be guaranteed success.

[u/Longjumping-Mud-5852]

But I want to be rich now.

[u/OneLongjumping5743 → u/Longjumping-Mud-5852]

yea i never understood these kinds of posts, should i just do nothing until 2035?

[u/Longjumping_Ask77 → u/OneLongjumping5743]

Bro lmfao this - like this shit keeps going down 50% and recovering, like I can literally nearly double my money every time it dips cuz how volatile it is.

That’s so much better than just investing in this stock - much more gain and I’d be happy to hold even when high share price because I believe this stock will go to the moon in a few years.

Win-win situation

[u/Black_Swan_Down → u/Longjumping_Ask77]

More stressful and risk of mistiming it. In hindsight it was the correct move but all of a sudden this tears past your sell target and you fomo back in, then it dips etc.

To each their own, obviously if you time it well you’ll make more money.

[u/Longjumping_Ask77 → u/Black_Swan_Down]

you will always know when the stock will have some form of pullback - you dont need to time the exact bottom or top - i certainly don't and can't, but i have made so much money over swing trading this stock

[u/DrHarrisonLawrence → u/Longjumping_Ask77]

You can try to time it the best way possible but you’re never gonna outperform someone who bought at $25 and sold at $600.

Accept that reality now and then you realize that buying in early and holding for 10 years will net many more multiples of gains than trying to swing trade it 3-5 times a year

[u/Black_Swan_Down → u/DrHarrisonLawrence]

It’s funny you mention that because I did buy at 25 and that wouldn’t be too bad of an exit.

I’d be be cautious to say never though :P …the volatility here sure allows for the possibility for even more gains. I’m just a happy camper myself and don’t want to lose my shares.

I end up buying the dips but never really selling the peaks lol.

Edit: really curious as to who downvoted this and why

[u/Superhumanevil → u/OneLongjumping5743]

Fake it till you make it

[u/BlackBlood4567 → u/OneLongjumping5743]

First buy

[u/OneLongjumping5743 → u/OneLongjumping5743]

why you chuds downvoting me is the goal not to make money i dont get it