I'll also show you:
- How to know if a company is strong financially
- The power of averaging down on solid companies
- How to use stock declines to your long-term advantage
A great video..thank you. I have still have cig/elp from UWR though. You recommended not to average down on these companies. Would you recommend it now?
Just to let you know I'm watching all your videos & reading all your articles.. Even though I don't always respond to them all they are all very helpful. And yes I'm using your averaging down method that makes really good sense. I don't know where else I could find this type of expertise for investing......Thank you
Just had a buy limit order fill today for one of our stocks at 17.44. I buy the stock/ETF you recommend, set two buy limit orders for 20% less and 30% less. I love to automate your system! Investments go lower and higher than we ever think they will.
QCOM is now over 71 ... if you are still in, might be good to take profits.
Yeah, it's at new decade highs and very far stretched away above its 200-week moving average. By the way, when it dove into the $40's, some people would have never thought it would be here today. Keeping in mind how fundamentally strong it is gives one the staying power to ride through the dips knowing that they are highly likely to go on to greater heights.