Alex Biestek's avatar

follower assets

Long term investor.
Dividend stocks.
Passive income.

Learning along the way.
Market Down? No Hoots Given
Bought more: $AAPL $MSFT $SBUX
New position: $SCHD (dividends being reinvested)

"Be greedy when others are fearful" - W.B.
I've been disconnected from the market this week (taken a week off), and came back home about 8:30PM, bought some stocks, and now chilling for the rest of the evening. Nothing better.
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2020 vs 2022
When the market fell during the early months of Covid, I panicked. I called my Dad up and he said, "Now is the best time to buy." So I did. And I'm glad I did.

2 years later, it is still the best time to buy. So I am. And I'll be glad I did.

Recently started a small position in: $JEPQ
Added to: $TSLA, $AAPL, $MSFT, $AMZN
Respect! We won't see a v-shape recovery, but we surely are recovering at some point. Calling a bottom is silly, but adding to deep value is a no brainer. When you think things can't possibly go any further, they do. I fear we aren't as close to the bottom as everyone presumes, but I do know I'll survive it :)
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My Mangled Mind
When one of my stocks plummets more than 50%, I still sleep peacfully.
When I find a stock I want to buy, I lose sleep every night until I finally decide to buy it.

Am I the only one with this issue?
Definitely understand this feeling.

I rarely sell, so downturns don’t phase me too much — outside of the fact that I get anxious about wanting to invest more while things are down.

So, same 😂

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Food For Thought
"A wise old owl lived in an oak,
The more he saw the less he spoke,
The less he spoke, the more he heard,
Why aren't we all like that wise old bird?"

  • John D. Rockefeller

Taken from the book, "The Psychology of Money" by Morgan Housel