Current Trading and Investing Plan 3-14-16

As the saying goes..."Buy Low and Sell High."  We are at all-time highs in the market so basic common sense would tell you to sell.  You. of course, want to look at the context of the market but all things being equal it would make basic sense to be on the sell side of the market at this point.  

The best way to get in at this point for traders would be to sell calls and/or buy puts.  I wouldn't use iron condors at this point because of the potential of the market to go down quickly.  

For longer term investors who are in a dollar-cost averaging strategy, I would hold off buying anymore shares until the market dips some more.  If you just have to buy and can't stop yourself, only buy small lots but make sure they are dividend paying stocks.

Facebook Is A Buy And Hold Play

Normally I wouldn't say buy a stock if it is not paying a dividend, however because of the way Facebook is handling it's business I can see this stock appreciating in value like Apple.  I bought FB at the initial IPO and then sold it after the drop.  In retrospect I should have held onto it but I was day trading at the time and needed the cash for other stocks.  

The way that Facebook is buying other businesses and monetizing ads for users makes a lot of sense and I can see these new additions bringing in larger and larger revenue overtime.  I bought some shares last week and I expect it to go up over the next few quarters.