๐๐๐DBS $DBS Group Holdings(D05.SI)$ is one Singapore stock that I feel I could retire on as I am currently up 100% on DBS. Slow and steady is my favourite way of investing. Just buy and hold great quality stocks that tick all the core fundamentals of profitability, rock solid balance sheet and great management team. DBS is certainly such an amazing stock.
I do not try to time the market as it is an impossible task that not even the best analysts can get it right all the time. Instead just dollar cost average using Tiger Brokers' excellent Auto Invest feature and allow the magic of compounding to happen over time.
Investing does not have to be complicated. Buy and hold great stocks and reap bountiful rewards in the long term.
As the late Charlie Munger likes to say "The Big Money is not in the Buying and Selling but in the Waiting".
@Tiger_comments @TigerStars @TigerClub @CaptainTiger @Tiger_SG
Which Stock Made You Feel Like You Could Retire with One Big Win?
@Tiger_comments๏ผIn the world of investing, thereโs always that one stock that makes you think, โIf I catch this one, Iโll be financially free.โ Recently, $SUPER MICRO COMPUTER INC(SMCI)$ has given one investor exactly that feeling. A perfect dip-buy and inverse WSB: retirement is so close? Two weeks ago, a WSB investor timed the dip in SMCI perfectly and earn ยฃ289,384.58 (about $357,000). He believes the company remains strong and undervalued. As long as it successfully files its 10-K report and improves internal financial management, market confidence could be restored. He believes that if SMCI meets its earnings guidance, the stock could hit $150+ this year. Heโs confident because this isnโt his first big win. Back during $Reddit(RDDT)$ IPO, he went all-in while most people doubted itโyet he was proven right. Now, seeing WSB misunderstand SMCI only strengthens his conviction. How to buy the dip? Catching a falling knife is a risky move? ๐ช But not every dip buy leads to massive gains. As Peter Lynch famously said, โTrying to catch the bottom is like trying to grab a falling knife.โ If you reach out too soon, you might not just missโit could cut you. A safer approach is to wait for the knife to hit the ground, wobble a bit, and finally settle before picking it up. In investing terms, donโt buy a stock just because it has dropped significantlyโmake sure thereโs a solid reason to believe it will rebound: Has the companyโs fundamentals improved? Is management implementing clear corrective actions? Has market sentiment shifted from extreme fear to recovery? Have You Ever Hit the Jackpotโor Gotten BurnedโBuying the Dip? Which stock made you feel like one big win could let you retire? Have you ever successfully timed the bottomโor did you end up trapped? What signals do you use to determine if a stock has truly stabilized? Leave your comments and also post to win tiger coins~
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Thanks again for sharing your thoughts many of us can learn from.