The real key to making money in stocks is not to get scared out of them.
Sentiment: POSITIVE
The way companies hang on to their marketshare is by being scared.
You'll get nowhere buying stocks just because they have a great story.
I just like to keep my money in the bank; I'm not a big risk-taker. I don't know anything about the stock market... I stay away from things I don't know anything about.
Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed.
There's a tendency to look at investments in isolation. Investors focus on the risk of individual securities.
You don't want too much fear in a market, because people will be blinded to some very good buying opportunities. You don't want too much complacency because people will be blinded to some risk.
Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people.
The key to making money is to stay invested.
As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very easy and safe and that you're a financial genius.
I will never be in the stock market. It's just gambling. I'm a gambler, but I'll gamble on the practicality of things.