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Tom Nash
Tom Nash

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It’s Never Too Late to Buy a Good Stock (But Don’t Be a FOMO Tool)

Let’s talk about FOMO for a second, Fear Of Missing Out, or as I like to call it, the Dumbest Investor Emotion Ever™. It’s that little voice in your head screaming, “BUY! BUY! BUY!” when your favorite stock is up 40% in a month because everyone and their dog suddenly realized, “Hey, this is not a $5 stock after all, despite what some software created by some morons on YouTube said.”

But here’s the thing: a good stock doesn’t expire. It’s not milk. It’s a bottle of fine wine, it gets better with age (assuming the fundamentals stay strong, of course). Yet, people treat stocks like concert tickets: “If I don’t buy now, I’ll never get in!”

Relax.

FOMO Is the Ultimate Wealth Killer

Let’s say you jump into Tesla or Palantir after it’s already had its big rally. You throw all your cash at it in one glorious “YOLO” buy. What happens next?

The stock dips. Maybe not today, maybe not tomorrow, but it dips. And suddenly, you’re stuck with a big, fat loss while Wall Street laughs at your rookie mistake.

Why? Because you didn’t buy the stock, you bought the hype. And the market loves punishing people who chase hype. It’s like a financial hazing ritual.

The DCA Secret Sauce

Enter Dollar Cost Averaging (DCA), the Phil Jackson of strategies, the chill, Zen-like cousin of FOMO.

DCA doesn’t care about timing the market. It just shows up every month, buys a little here, a little there, and quietly builds wealth over time like a boss.

Here’s the magic of DCA:

Palantir’s Wild Ride

Look at Palantir. It’s up, it’s down, it’s sideways, it’s like the stock version of a roller coaster. If you bought the hype at $30, you probably cried into your coffee when it hit $5. But if you DCA’d your way in, you got shares at every price point and likely averaged out into a solid position.

Now Palantir’s making moves, and you’re sitting pretty because you didn’t let FOMO drive your portfolio off a cliff.

The Long Term Mindset

Here’s the thing about good stocks: they grow over time. Sure, you missed the 300% rally this year. But if it’s a good stock, there’s probably another 300% waiting for you in the next decade. That’s why you don’t need to go all in at today’s price.

Start slow. Build your position. Give the stock time to compound while you enjoy your life.

Because let’s face it: nobody’s getting rich off one impulsive buy. Wealth is a marathon, not a sprint. And marathons are best run with strategy, not FOMO fueled panic attacks.

So, what’s the play here?

Simple: pick your good stock, ignore the noise, and let DCA do its thing. Because the only thing worse than buying too late is buying too dumb. And you, my friend, are smarter than that.

Now go. Be the tortoise, not the hare.

It’s Never Too Late to Buy a Good Stock (But Don’t Be a FOMO Tool)

Comments

I starting investing a few years ago after the institutiuonal Finandcial Advisors that managed my portfolios didn't produce results consistent in the industry. The growth that was most noticeable each quarter was their accumulation of management fees. I've made mistakes, call it my investing tuition, but very satisfied with progress in taking the helm in preparation of retirement next year. Your no-nonsense posts have been timely, sometimes when I was considering doing something foolish. Thanks for the providing the beacon, will be able to particpate live once I'm retired; until then I look for every post. The global reaction to tariffs will certainly have an impact on the market, keeping the powder dry.

Jack M

Appreciate you

Generico Fakero

I see Tom as big bro that I never had :)

Island Boy

Exactly

Generico Fakero

Bravo, great endorsement for doing the right thing. FOMO is the devil's drug!

Jack M

Gavin, great question—glad you’re thinking strategically. Look, my list isn’t a “set it and forget it” deal; it’s about long-term conviction. Timing exits? Only if fundamentals crumble or something major changes. Otherwise, patience wins. Stick around—you’ll get the hang of it. Oh, and for real mastery, the Academy dives deeper. Just sayin’.

Generico Fakero

Hi Tom, does this hold for every stock in your list? Surely, at some point, there is a good time to exit? As a new subscriber, I'd like to be sure that I don't buy off the recommended list if we're about to exit a position.

Gavin Quinlan

Thank you for keeping me in line! ❤️

Kelly


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