SPY Long term investing

N

nwoptions

Do you guys agree that buying the SPY on dips will offer the highest returns when it comes to long term stock investing?

I've been thinking about using Investor's Business Daily follow-through day method as a signal to buy the SPY. This signal usually occurs very near the market bottom. This makes for a nice value investing play.

What do you guys think?
 
nwoptions said:
Do you guys agree that buying the SPY on dips will offer the highest returns when it comes to long term stock investing?

I've been thinking about using Investor's Business Daily follow-through day method as a signal to buy the SPY. This signal usually occurs very near the market bottom. This makes for a nice value investing play.

What do you guys think?
More...

QQQ is the better choice performance wise.
 
nwoptions said:
Do you guys agree that buying the SPY on dips will offer the highest returns when it comes to long term stock investing?

I've been thinking about using Investor's Business Daily follow-through day method as a signal to buy the SPY. This signal usually occurs very near the market bottom. This makes for a nice value investing play.

What do you guys think?
More...
%%
Mostly right for hi returns;
not the highest, but good = better than good average. QQQ almost always does better+ TQQQ can do well with good timing but big drawdowns/LOL
ACTUALLY most IBD charts/over many,many years have a SPY buy above 50dma.
Meaning/ should be in today early or before noon or anytime this year since its closed above 50 dma that time period.
And compare that timing to / the proven profitable buy every month for 40 years.
You may want to keep in mind IBD founder said never sell your mutual funds + SPY tends to outperform most mutual funds. SPY dividends are fun so factor that in:caution::caution::caution::caution::caution::caution::caution:
 
If i where looking into something like this right now, i would probably wait for the next 20-30% drop.

Chances are if you get in now, price will drop below your entry price in the near future (next year or so, maybe a little longer). It is hard to say how long this bull run will continue, but it is way overdue now in my opinion, this can't keep going on.

Even if you say within the next 3 years, if you look at past return and the market drops 30%, it will reach or surpass today's price.

Entering a very long term position right now is way to risky, at least in my opinion. There is a decent chance you start with a large DD.

Don't take this as advice since long term investing isn't my specialty and i could be very very wrong :D!
 
SPY is a great, passive and secure way of investing in stocks. Self balancing and pays small dividend. If you can afford to purchase at least 100 shares, then that'll open you up to generating even more income by selling 3-4 weeks out Calls when stocks overheat a bit.

I personally like the TQQQ too because of the juicy call premiums. Been able to generate over 1% a week with TQQQ premiums.
 
SPY is greate. Tried and true. QQQ is probably a bit better.

Leveraged ETFs get hit hard during long bear markets, like in 2018. I am not sure how they would have managed in something like 2008. There probably would have been a 90% drawdown or more. You would have recovered eventually, but it's a stressful way to invest. I think you are better off using options for long term leverage.
 
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