"I feel a bit of sympathy for the ‘newish’ investors in the FAANG type stocks. Wow…UBER down 48%. Faceboook down 42%. Amazon down 36%. Tesla down 34%. Google down 22%. Bitcoin down to half of peak value SNAP down 50%. Disney down 32%. Ouch. 40% of ‘investors’ now underwater. Those that join the high flyer club…sometime crash back to Earth…
I don’t own any of them over than those in index funds…like Vanguard total market and SP500 funds…
t. "
I was just comparing charts of stocks looking at varying time periods. Looking at time periods
of 5 years and longer give a vast different view compared to looking at 2 years and less.
Investing in equities is something that requires time - folks used to use a “holding period”
of 5 years as a guideline.
Howie52
Price matters, time matters, needs and goals matter - judgement and knowledge matter.
Diversity matters.
Acronyms and momentum don’t seem to matter as much.