Investing 102

[GregWeld]

Coke (KO) looks to have a very nice up day today....


If you're not in... you never buy on a day like today... never buy stocks on up days unless we're in a major bull market. We are not (IMHO) in a major bull market.

Lots of times stocks move on "news" only to settle in a few days later. Sometimes they move up and never look back and when that happens you just have to grit your teeth and either buy in or move on and buy something else. With the stock market... you're never going to know in advance - and you'll never buy at the bottom and sell at the top. You just try to do the best you can with what you have to work with.

Seriously -- when you do the MATH -- If you're buying 100 or 200 shares of something... it really doesn't matter if you bought at $35 or $35.40... It just FEELS better when you bought a $35 stock at $34.80 and it moves up to $35.50 but 2 or 3 or 4 years from now - it doesn't really affect your pocket book that much.