Beware the "GoPro Syndrome".... WTF is that?? You ask.
That's guys thinking that they "missed" making a huge fortune by NOT buying into GoPro (GPRO)... so the very next chance they get to buy an IPO they go double or triple what they "woulda / shoulda". That IPO then blows up and they get spanked.
Not saying to not go into whatever "it" is that you feel you want to invest in - I'm saying beware the syndrome that sucks you into trying to place catch up...
I'll say this as well. The "market" isn't regulated by the talking heads on TV. I've heard half a zillion discussions about "this is over priced" - "the valuation is too high" - "they'll have to grow into this share price". IN THE MEANTIME THE SHARES KEEP GOING HIGHER.
If you'd have never invested in Microsoft (MSFT) back in 1986/7/8/9 etc - because of those same "ideas"... then you missed one of the greatest investments in the history of the stock market.
The "MARKET" is about more people wanting to own than wanting to sell. PERIOD. All the other metrics are crap. But remember to go back and read the "priced for perfection" posts. The higher things go up - the faster they go up - if they "miss the whisper number" or "growth" is 500% but the market "expected" 525%... you can get hammered in a big hurry. Just play with money that's COMFORTABLE... That is all.
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