You seem to have an investing approach that remind me of someone...

You seem to have an investing approach that remind me of someone who did OK in the stock market. He won't be posting here any time soon, so I'll take the liberty of quoting him later.

First, you did well joining HC and participating in this forum (and others). It is by no means an investment advisory forum but it helps appreciate "moods" or what James Surowiecki called in his book "The Wisdom of Crowds". Read the posts but always do your own thing. Do what you feel is right, your strategy not anyone else's. At the end of the day, it is your decision, your loss or gain. One thing struck me when I started following posts (in many forums) is the excessive euphoria of some and the downright pessimism of some others. As one popular saying goes "No price is too low for a bear or too high for a bull." The reality is often the average of all that.

The person who did OK in the stock market is Warren Buffet through his investment firm Berkshire Hathaway. He is familiarly known as the Oracle of Omaha. One thing he said, and you reminded me of it in your post, is "The stock market is a device for transferring money from the impatient to the patient." He also said something that can be summarised as "invest for long term gain and not speculate [I say gamble] for short term gains" (also think of CGT ).

I will leave you with the words of another famous investor, Peter Lynch, who said "The key to making money in stocks is not to get scared out of them."

(I do a lot of reading as you may have gathered )

Cheers and all the best with your investments !!