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The worst day in history to buy the Nasdaq $Q was March 27, 2000.


$117.75 a share. The very top of the dot com bubble.
By October 2002 it was $20.06. Down 82%.
It took about 15 years just to get back to even... & that's WITH dividends reinvested.
But if you bought that exact day & did nothing, today it's around $740. About 7x your money with dividends.
Now the person who bought in October 2002 at $20... that's about 37x on price alone.
Same fund. The only thing that changed was the price paid.
That's why I don't buy just because something is going up. I want great companies trading below fair value. That's when I buy shares & sell long duration portfolio secured puts with strikes I'd be thrilled to get assigned at.
When it's way above fair value, I'm patient.
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GateUser-6b0fe02a
4 hours ago
hdhdhdhdhdhshdhdhdhdhdh
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GateUser-e11a74a7
12 hours ago
First Review
Bull Run 🐂
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