There are many ways to make money in the stock market. There’s no right or wrong.
But given all that is going on in the markets at the moment (Game… cough… something… cough… Stop…), I had the sudden urge to share my preferred way of operating in the stock market.
I gain joy from the growth in value created by companies that are making the world smarter, healthier, happier, and richer (in any combination), by being a steadfast long-term owner of their shares.
(The Motley Fool deserves a big hat-tip for the statement just above. The Fool’s purpose is to make the world smarter, happier, and richer.)
I don’t want to profit by selling a hot potato to a greater fool so that I would not be the one “left holding the bag,” even if I know the hot potato is very much in demand. I simply derive no joy in doing so.
What’s your preferred way to operate in the stock market?