waiting for $15 is nuts even if you are a moderately seasoned...

waiting for $15 is nuts even if you are a moderately seasoned retail investor

staying out of the game has never made anyone wealthy and a staged managed approach is far better.

e.g. buy a chunk at $21.50
buy another at, i dunno even at $15 going by your logic
(do the math, this is a very ruff example)

sure you'll be at percentage loss (not much though).. but throw in around 10% ff div, plus:

1. King Ji is already under pressure to fire up he's economy

2. Convex is also right about IO and different circumstances existing this time around.

3. at some point Rates will come down which will make stocks more compelling and boost economes.

yes black swan moments happen (how i miss those COVID lows) but wishing/hoping never made anyone money...

just keep some fat in reserve.

NFA, do your own DD