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LONG TERM BENEFITS MY PATIENCE

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Pouchon
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For the last week of August we are entering full swing Into elections mode in the US. Believe it or not everything is intertwined and the end result financially may stay the same if you are staying focus at what matter most.
For the past two weeks the stock market favors the tech companies. Prior it was all pharmaceutical stocks jumping left and right.

Riding along with #apple and #tesla, those two stocks are doing amazing. If you purchased them almost a month ago, you should be sitting pretty good. A split is coming and this could favor another run.
New iPhone for the rest of the year will forcibly push the stock higher. A valuation like no others is another reason why #apple is a company to watch.
Splitting will allow more newcomers to jump and acquire the stock.

#tesla is another one with a great stress on the market. The good part is people are buying their cars. Elon is making sure his company stay relevant and this is a car company based solely on technology. For the price the story could be a post by itself. If you are riding it be ready to continue or take profit.

The market relies on the news that can make the most profit. If you are new and do not focus on long term goals you can be lost easily with the news of quick profit. There is nothing wrong with that. Just play your card right and follow the leaders.

Another area that can generate profit for you is the amount of cash you put in. Look for old school stock with great dividends. The list can be long but I will name a couple

  • Walmart
  • Coca-Cola
  • McDonalds
  • Disney’s
    -American Express
    And many more that will pay dividends periodically.
    This way your patience will be fairly accentuated. No need to constantly looking behind your back to jump from stocks to stocks.

HOLD HIVE WITH PATIENCE — Always have to go that route. #hive is giving its holders 3.35%/apr. it is not bad if you focus and contribute long term in the community. One time I think we had too many Hive liquid. I guess we don’t. We barely get enough to make this blockchain go crazy.
Good time to accumulate and since there is a 13 week cool off the worry of dropping it sound like forever.

Yes diversity is good. You have the opportunity to learn about other projects. Holding #btc is very good cause you never know.
The learning curve will always be there whether the stock market or crypto market.
It is good to follow the behavior closer this year. Apart from covid-19, it is an election year in the US mix with drama elsewhere.

Looking at how we behave in this blockchain I feel at peace I made the move way early. I knew #steem was trouble. Even though the price is still relevant, I stick to my decision.
It is okay to be stressed but control it and time is the medicine. Whatever stocks I have now, just watching them and soon I will shift all to the stocks that are pro dividends. Less pressure and no need to run around.

Posted Using LeoFinance