I guess I’m just wondering, if an individual stock rips does it really make sense to buy more of it even if it is at a ATH?
I do mostly ETFs and just hold, but I have 10 stocks that I like to play around with
But like for example, I got into Google when it was 150 and now it’s 338 a share, does it really make sense to add more right now even if I believe in Google long term? Or would it be best to just hold and put more into a dip?
Does time in the market apply to individual stocks or etfs?
byu/BradBrady ininvesting
Posted by BradBrady
3 Comments
No. If you are in individual stocks then it’s not about time or about the current price. You need to be super informed about the company, it’s competitors, the macro environment that affects it, etc, to have an idea of what it should be priced at.
People keep asking questions based on just price movement. Investing isn’t simple like that. If all you look at is price you’re gambling.
index ETFs
What if, for example, some time ago you got into Google when it was $70 a share but now it’s $150 a share?
Great companies are often at all time highs. That means the chart is going up and to the right.
Relatively few companies are great companies. Simply being at ATH does not mean it ever will be again.