I Am Not a Trader

I’ve been thinking, these last couple of days, about geopolitical events. Wars, oil, inflation, lockdowns, supply shocks, etc.

Yes, interesting for sure. But why am I worrying about this?

Well, I’ve been thinking of selling my stocks and trying to avoid another 10%-20% or more correction in the market. I’ve been thinking about market timing.

I am not a trader.

My goals are to invest in quality companies, that pay a decent dividend. Yes, some growth would be nice too. So whether I try to find companies that are growing AND pay a dividend, or buy some dividend companies with half my money and some good growth stocks with the other half, is still to be decided.

But what I don’t want to do is day trade. I don’t want to buy Stock X because they had good news, and sell it 12 months later because it seems overvalued.

My intention is to buy stocks that are of good value today. And hold them for a long time. I need to focus on that.