IWM Reddit Mentions | ChartExchange

Warren buffet says that investing well is easy, and over 50 years of trading, I have come to believe it.
I rarely invest in individual stocks and with all the work I have previously put into into them over the years, I have not done well in it. I made tons of small gains and a very few huge losses that wiped out most of the gains.
My big money came from putting money in funds and leaving it alone. Today, I invest in index etf's. Index funds are segments of the market. There are not too many of them. They are such things as technology, healthcare, utilities, materials, industrials, energy, etc. I have become comfortable watching the ups and downs of these and have come to understand which ones are safer and which ones grow more. I have made tons of money in semiconductors over the years. The etf symbol is SOXX. Check out the chart. It is screaming right now. The next few years should be good for semiconductors because of the need for datacenters to support the AI boom. This boom is kind of like the internet boom of the nineties. Technology seems to be the main support for our economy, but there will be a time when it has a down turn.
The nice thing about index funds is that you can never really lose, because over time, they always go up. This is because our economy is always growing. I wait for a huge downturn before I make purchases. A huge key is patience. I think that most people sell their stocks when they made a few percent, because they don't want to lose what they made. It is better to ride up and don't sell when it goes down. If it feels like gambling, I don't do it. You need to have self discipline. In the 90's, when Apple Computer was new, it was always in the news because it was so volatile. One day it was up and another it was down. I would not touch it with a ten foot pole. If I had bought it, I probably would have sold it when it was up 10 percent. Years later, I would have kicked myself for not holding onto it. But even today, I have no idea how well Apple will do in the future and I am not invested in it.
When something is going sky high, some people buy it because they are terrified that they will miss out. Then when it tanks, they hold on until it is super low and they get out because they are terrified they are going to lose it all. How can you make money when you buy high and sell low?
Today, about a third of my money is in the S&P (SPY). About 20 percent is in semiconductors (SOXX). I also have some nasdaq (QQQ) and some small cap (IWM), though it is not my favorite. Though semiconductors are doing well, I don't put all my eggs in that basket because it is more volatile. I need to protect my retirement money. I often think that it is better to invest in some great semiconductor company like NVDA. But when I compare the 2 charts, the SOXX is often better then an individual company.
I look at the charts and have a feel for when things are low or high