It’s been a rough past year. I dd well on my stocks in 21. (Market boomed) So I got hit with taxes. $3K to get a huge tree down that was dropping huge branches on my struggling avocados. Then the earthquakes. Switched insurance Co’s needing $800 upfront. One of my REIT’s cut the divy by 20%, thankfully I had sold 50% of it for a better stock. All but one of my stocks are underwater, two by a lot, the others not too bad. But divy stocks can be different. When they go down on general market panic (seems to happen every so many months) but keep their dividend up, I can check out their numbers and if they’re good, I buy more and hold when and if they go back up. So far so Good. I might buy some silver if the price dips below $20 oz.
I don’t know bonds and ETF’s, but supposedly they’re slow, but about as solid as you can be in investing. If you’re youg, patient, and don’t need extra cash, they seem to be a good thing.
BTW, There’s a big difference between an “Investor” and a “Trader”. Timing the market is like predicting the weather. Good Luck all…!
1 Like