I’d sooner wait for them to come down hard.
With the dimmiecrats chomping at the bit run the debt up another $10 trillion or more? No thanks.
The stock market is in bubble land. I don’t like investing heavily in a bubble when a virtual pallet of pins is stacking up.
Lets see, their suggestion on 6/28/21 to buy WISH , would have only lost you 73% of your money on this one if you continued to hold, on 6/28 it was at $14.40 a share is now $3.78 a share,straight decline,never increased see: https://dailytradealert.com/2021/06/28/this-stock-could-double-from-here/
their suggestion to buy FASTLY, FSLY on July 13 at $53.71 did a little better and is now down just 10 at $43.21-see https://dailytradealert.com/2021/07/13/this-4-star-stock-is-a-buy-right-now-5/
it is not fair to rate a stock picker on two pics but I really did not see anything that suggests this site really rocks-so their overly used “climbing a wall of worry” suggestion is suspect , hope I’m wrong
bookmark
Same situation existed during internet bubble.
And situation repeated in real estate bubble.
Now it is covid bubble.
All bubbles get pricked eventually.
Longevity of bubbles depends on how much money is being printed.
This situation is one of the reasons why I like the trailing stop order.
I can select a percentage, say 15%, and my position automatically sells when the price falls that much from its high.
No, I don’t get all the possible gains, but I get out with a nice profit.
If your broker doesn’t offer trailing stops, you need a different broker.