LONG TERM INVESTING STRATEGIES FOR THE PATIENT INVESTOR

So, maybe day trading isn’t your thing. Long term investing can be a great way to build wealth slowly and steadily. Don’t take my word for it, take a look at investors like Warren Buffet. He has used fundamental data to spot great long term growth stocks and built a solid net worth. One thing I can tell you about higher priced, good company, type of stocks is that they sometimes have trouble. We can take a look at a couple of examples an see how this method of investing could really help anyone build wealth for a longer term type of strategy.

Apple (AAPL) – This is the current daily chart of Apple Inc. In October of 2018, Apple was having some trouble due to the trade war with China, seeing as how their iPhone factories where in China, their stock price took a hit. In January of this year 2019 the stock price hit a low of $142 dollars. Fast forward to May and the price climbed all the way back up to around $215 dollars. That is a pretty significant upside. Why is that important? Well, if I were a longer term investor and had the capital/patience to have bought in down at that low point, that would have been one heck of a return. Let’s say you decided to buy into Apple Inc at $150 with 20 shares. Let’s say you decided to sell your position around the $200 dollar price zone. That would be a $1000 dollar gain for your account.

The chart above represents the daily candlestick chart for Equifax (EFX). After hitting a high of $138.69 per share some news came out about their systems being hacked and hundreds of thousands of customers personal information had been compromised. The stock price plummeted to a low of $88 dollars. Fast forward to today and the price has climbed back up to $121 dollars. Starting to see the pattern here!!!

These investments are a bit longer term than what you can usually find here on THEFREEDOMGRIND but anything that can be used to build your account is worth noting. I have seen this type of occurrence many times over in well known long term growth stocks. It is not a terribly difficult thing to spot either. The one thing about this type of investing is that it will require patience and time to make those solid moves forward.

So if we look at the news, or the market itself and noticed a really solid well known company having a little bit of trouble it would be worth ones while to monitor the possibility for opportunity.

Here at The Freedom Grind, we love to talk about the market, and help in any way to make anyone/everyone a much more efficient Trader!! To support our operation Hit the LIKE button at the bottom of the page! If you would like to be notified when The Freedom Grind posts, hit the FOLLOW button and receive an email whenever we post market related news, our trades, and market analysis!

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