Talk of The Villages Florida - View Single Post - How has the stock market been treating you?
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Old 10-14-2022, 07:12 AM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by retiredguy123 View Post
My point about McDonald's is that some people buy a stock because they think that, if the company sells a product and makes a profit, they will share in that profit. But, it is not nearly that simple or logical. It's pretty clear that McDonald's makes a profit on every hamburger they sell. But, when the overall stock market declines, the McDonald's stock will also decline, even though they are still making a profit on every hamburger. That is why I don't pick stocks or time the market.
I agree and think that dollar cost averaging into well run stocks or funds makes the most sense