The Best Time Ever
By Jim Bauer
@porwest (112717)
United States
January 2, 2023 6:25pm CST
I know I sound like a broken record or crazy. But when I hear "2022 ends as the worst year for the stock market since 2008," all I see is money.
Because, throughout time, the most money I have ever made was buying into the worst time to be in the markets.
Look, let me be clear. You do not make money at the top. You make it at the bottom. You make it when everyone else is losing and suffering. I know it sounds terrible. It sounds mean.
But is it?
What direction has the stock market gone for the past 400 years? What direction has it gone in the 200+ year history of the U.S. Stock market? Up and ONLY up.
For all the crashes and all the dips and all the bear markets, the stock market has has only one direction in its entire history.
Buy low sell high has always been something we all hear about and talk about. But do most people actually do it?
No.
They get into the markets at the top because that's the hype and then they sell in a panic when things go down. And people like me?
We make a killing. Every single time.
And that is what I see when I see that 2022 was the worst market since 2008. Money. And you better believe I am going to take advantage of it.
There are bargains galore. Walmart, Amazon, Ford, Lamar Advertising, Mondelez International, QSR, QYLD, BXMX—virtually everything is on sale.
My yields are higher, my profits will be higher, my opportunies will be greater, and my money will soar. Yes, people lose. 401ks lose. Retirements go kaput. So be it. Because these are people who don't know what they are doing.
Is it my fault they don't and I do? No. Is it robbery if I take what they don't know they have? No.
I am going to buy in and buy hard, and I am going to go camping. And I am going to buy in and buy hard to fuel my own retirement. Because knowing what I am doing is what I have worked for. It's how I have determined to beat the odds.
And, it is how I beat the uninformed fly by night. As I have said over and over again, what separates the rich and the poor is NOT money. It's knowledge.
You can't hold that against me. I am not taking advantage of anyone. A fool and his money will soon be parted, and I have no shame in taking money from fools.
7 people like this
8 responses
@Nakitakona (59987)
• Philippines
12 Jan 23
I beg to disagree with you that it's not knowledge that separates the rich and the poor as far as money or wealth is concerned.
There are poor people who have better knowledge than the rich people.
1 person likes this
@Nakitakona (59987)
• Philippines
16 Jan 23
@porwest You are right in your own disposition. However, economists classify the people according to their money or wealth.
1 person likes this
@porwest (112717)
• United States
18 Jan 23
@Nakitakona I don't frankly care what economists say. I happen to know the reasons many people are poor is all. And it's not the system.
1 person likes this

@LindaOHio (222222)
• United States
3 Jan 23
You are a very careful investor. I used to buy low sell high too...no matter how long it took. Have a great day.
1 person likes this

@LindaOHio (222222)
• United States
3 Jan 23
@porwest Very true. I always spent time researching (I love to research); and I kept my eyes open for companies that were going to offer shares that were big into the latest trend. I invested in a company that was doing something medically (I don't remember what) that was needed at the time. Made a quick $5,000.
1 person likes this
@porwest (112717)
• United States
6 Jan 23
@LindaOHio Paying attention is certainly part of the "game" when it comes to picking winners. I don't like "fad" stocks, but sometimes they do offer an opportunity for a short term gain.
1 person likes this
@porwest (112717)
• United States
3 Jan 23
In all fairness, I buy companies. Not stocks. So, so long as the company is solid there is no such thing as a bad time to buy more of it. You can't time the market and it is never worth attempting to. BUT, when the whole market is in the dumpster?
Yeah, you buy at the lowest low you can because good companies will perform well in the long term despite what their stocks do in the short term.
1 person likes this

@moffittjc (128824)
• Gainesville, Florida
3 Jan 23
I made a killing when the market rebounded after 2008, specifically because I invested like crazy during the Great Recession. And I did the same thing this year. Been buying like crazy. And so has my daughter. We’re going to enjoy watching our money soar.
So, there’s at least two of us out there that think the same way you do. Lol
1 person likes this
@moffittjc (128824)
• Gainesville, Florida
9 Nov
@porwest the short term hiccup in your wallet is only a bad thing if you need to spend that money; otherwise, let it sit in the investment account and eventually it will recover. In the meantime, you are buying more at the lower price, so when it does go back up your wallet will be a little fatter.
1 person likes this
@porwest (112717)
• United States
9 Nov
@moffittjc This is why I always keep cash on reserve. Not only is it useful not to have to realize losses, it is useful to buy into the dips.
1 person likes this
@yoalldudes (35030)
• Philippines
4 Jan 23
It's all green today In Philippine Stocks Market. Some stocks I sold too soon. But its okay. I'm keeping some in cash waiting for opportunities.
1 person likes this
@RasmaSandra (97912)
• Daytona Beach, Florida
3 Jan 23
I am glad you are doing so well all the best of luck to you,
1 person likes this











