Thread: Nokia disappoints in smartphones again
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allnameswereout is offline allnameswereout
2009-10-15 , 18:56
Posts: 3,397 | Thanked: 1,212 times | Joined on Jul 2008 @ Netherlands
#32
Originally Posted by livefreeordie View Post
I know. My problem right now is that I do in fact want to invest long term, but with the market so uncertain right now I don't want to suddenly see my investment halved even temporarily.
Then it is simple: do not invest.

IMHO, it's not necessarily smart to invest long term at a time like this, when you can make much more money by jumping in at the bottom (if you can predict it). I don't want to day trade, so I'll be sitting out for a while.
You're right, the system is optimized for short-term gains; not long-term gains. However, if you join the game in that same way you're contributing to the problem.

The market is always uncertain, and any money you invest can be (temporarily) halved, or even completely lost. Even on non-stock market layers, such as banks.

If Nokia gets a beat because of recession, you can expect other corporations experiencing the same. So that'd require further analysis beyond the buzzword.

Recently was a topic about brand recognition and Nokia is still place #5, with very little change compared to last year.

There are certain factors which give hint about unstable future but I don't see these factors here. Maybe you do, all the better for you, ofcourse.

What I do see is that Nokia is not taken seriously in USA, but that is quite an apparent pattern, and a reason I take articles stemming from US journalism with more grains of salt. Especially when other factors such as overdone discussion of iPhone.

Edit: Oh, and I might add that the more FUD the better. Now that I'm out of the market, I'm hoping for a downswing in Q4/Q1 and massive amounts of anti-Nokia FUD, so I can buy shares early next year really cheap
You're getting the hang of it. Sometimes, FUD is a self-fulfilling prophecy.

[Disclaimer: I play AEX via 3rd party who only have executive role.]
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