if you listen to this garbage, no wonder people don't make money in the market. I have had a handful of 150k daily gains in the market since the election. I got out of the market late 2024 because of a few reasons, went all money market. Then when EVERYBODY was stating there's a 50% chance of a recession, tariffs are going to be bad, bad new after bad news, I got fully back in the market on April 3rd. I bought stocks at $26 and sold 6 weeks later for $64, a few other stocks went up over 50%. I got out of those 3 high flyers at the end of May, put those monies into other long term stocks that have made me over 60% gains and still climbing. Who says you can't make money in the market?
I don't listen to any particular person/event, I listen to outbursts from people that make you think is it wise to be in or out of the market. For example, in 2020, when things were way down, I kept hearing it was going to be a "V" shaped recovery so I didn't make a move. Late 2021, I heard the so-called finance experts state "inflation was going to be transitory", I sold everything in Dec 2021. Then when the market was at its lowest in sentiment, I started getting back in the market in late 2022 thru early 2023. TSLA, META, were below $100, and many others that were getting written off, it was time to buy. After the newness of the election, after a couple really good days, things started to get ugly so I got out again. Getting out was moving to money market making 5.25% at its peak and still today over 4%. Then when everybody thought Armageddon was going to occur the beginning of April, Jamie Dimon and others stating a recession was coming, I got into stocks that were beaten up like HIMS and a few others and they went up huge in a matter of weeks, then I got out of 3 of them.
IMO, when people write articles that investments won't go up like they did in the past, they don't know what they are taking about. When the market goes up 1% or 2% in a day, that doesn't mean everything you own goes up by that amount. I have had some stocks go up 5% or more when the market was down 2%and vice versa. In today's environment, you have to know what stocks/funds to buy to make money. I wouldn't be chasing any stocks right now, but I would definitely be looking at stocks that are great companies that took a dip. For example, when I sold 3 stocks in late May, I bought into a couple stocks that took a hit of 5 or 6% in 1 day, so I bought them on those days and they are soaring ever since.
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