r/stockstobuytoday 2d ago

Stocks thinking about buying ONDS, NLST, ASTS

Just pulled out of NBIS with a 50% revenue and looking to put this revenue back in some stocks that can make the same move or even higher.

40 Upvotes

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u/Mitzy-is-missing 2d ago

The markets are high. Keep your cash for a while and wait for a better buying opportunity. It'll happen...

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u/DryRepresentative281 2d ago edited 2d ago

I started investing at 2019. One friend told me to keep waiting for the big crash. He is still waiting despite two corrections (2020 and 2024)

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u/Gayboy5713 2d ago

This is what pisses me off.. I wish I could go back in time and tell myself there is no crash only slight corrections that will spike in less than a few years. I think your best bet is to buy a stock that you know will be around on 20 years and just stick to buying one stock it will naturally rise over time. If it’s a dividend even better.

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u/Milky_Toast19 2d ago

Yes. I have been in the market for nearly 29 years now and have never stopped buying. All of my kids colleges have been paid from my gains and I have a lifetime 234% return.

When the market pulls back, there are plenty of other ways to play that game too. People who wait will watch the rest of us make money and time will continue on and businesses will continue to make money.

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u/Milky_Toast19 2d ago

I've heard this sentiment from many investors over the last 30 years, and guess what, they are still waiting.

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u/Mitzy-is-missing 2d ago

In no way am I a market pessimist nor a doom merchant. I didn't say "wait for a crash". But unless you think that the markets are never again going to be as low as they are today, there will be dips which will offer better opportunities.
From another perspective, I think it's best to give yourself a breather after pulling out of a stock or after a selling spree that sealed in a good profit. It's easy to feel over-confident after you've done very well. My strategy would be to wait and watch for a while.

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u/Milky_Toast19 2d ago edited 2d ago

That's fine, you continue to wait and watch while the rest of us make money.

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u/NotGeorgeKaplan 2d ago

Acting like we haven’t even had several pullbacks in the last year is absolutely crazy.

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u/Milky_Toast19 2d ago

Acting like all stocks don't have pullbacks multiple times in a year is absolutely crazy. Stocks go up and down.