Folks-
This is a brief but important bonus post for all paid members.
It is very important to know the difference between trading and investing.
In trading, our mindset is to exploit the small price movements- whether that be intraday, weekly or even a month or so out.
In investing, I am not looking for ideas to get in and out. If I am in, I am in.
A lot of folks use Technical analysis to time markets in investment time frames.
Nothing could be more futile.
For instance, if you look at last 20 years of history, if you used technical analysis for timing stocks like NVDA, TSLA, Dominos Pizza, you have been stopped out dozens of time, every time losing out on a massive upswing.
In investing, timing is not only futile, it is probably impossible. Therefore, I either wait for a good level from risk to rewards, or just DCA in, a couple dollars here and there.
For instance, every 3-5 years, we get a 40-50% hair cut in the markets. This is where everyone is scared but the investor class is happy about these as they can DCA in.
Now the question is what to DCA in?
Do you DCA in GME and AMC?
I personally can not touch something like a GME in my retirement account which tends to corresponds to investing time frames. I am sharing a few examples of what I will like to DCA in over time. The characteristics of these firms are that they are profitable, they grow their sales strongly YOY, they have a good MOAT, they have a large customer base, they have new product line or they have brand new management or restructuring which can mean they can grow in future.
I like to assess or reassess this every year or so, but no more than once a year if my thesis still holds true.
Having said that, below are my TOP long term choices to DCA in. They are obviously not all in tech space like the largest ETF and funds now a days are. This is an important post that includes my favorite long term names this is why it is a subscriber exclusive but you can use the link below to get my largest discount instantly.