_{Pray for the crash?}

I see market drops differently than many.

I love it when the market tanks.

You think I'm crazy? I'm not.

As a long-term investor, my goal is simple.

I want to own as much of a productive business as possible.

The math is simple.

When prices drop, my cash buys more earnings.

Buy low, own more shares.

If XYZ Corp earns $10/share and costs $200/share, my $1,000 buys $50 in earnings
(i.e. 5 shares).

If the share price drops to $100? I can grab twice the earnings with that same cash.

Makes sense, right?

And the best part? Low prices compound my ownership even faster through another route - stock buybacks.

When companies buy back their stock at low prices, they retire more shares for each dollar spent.

More bang for their buck.

A bigger share of the pie for me over time.

Even if I have no more capital to invest, low prices still help due to more effective buybacks.

I want my companies to buyback and retire shares on the cheap, not at market highs.

I won't need this money for years. So why would I want high prices now?

The only time I want stocks to soar is when I’m ready to sell - at retirement.

If, like me, you’re decades away from retirement… quietly rejoice, because not all of us are this lucky.

- Travis

Huge Disclaimer in Smaller Font

This content is being provided for information and discussion purposes only and should not be seen as a recommendation to do anything at all, especially not to buy or sell a security. Opinions expressed are that of the author, who is NOT a registered investment adviser, or a financial professional, or can barely even tie his shoes half the time. Do not try and copy the author or you’ll probably lose all of your money and have a rather bad day. There will also be affiliate links in here because I like free money.