There was a time when I looked at Western Union (WU) trading below $10 and thought, “This must be a bargain.” After all, it’s a household name, a legacy brand in global money transfers. In my mind, the low price signaled opportunity, a discount on a well-known company that had been around for ages. But then the stock dipped even lower. And I didn’t buy. Western Union (WU) Because the truth is, buying the dip sounds a lot easier than it feels. When prices fall, uncertainty rises. Questions swirl: “What if it drops further? What am I missing?” The same low valuation that once seemed like a green flag suddenly becomes a red one. Today, WU just hit another 52-week low. And again, I didn’t buy. Not because I don’t remember Warren Buffett’s famous advice — “Be fearful when others are greedy, and
Classic Market Illusions! Have You Fallen for Them?
On the road of trading U.S. stocks, no one stays clear-headed forever. We constantly swing between chasing highs and panicking lows, trapped in the cycle of “I saw this coming” and “I’ll just wait a bit longer.” Have you fallen for any of these illusions? Or do you have your own “misjudgment” story? Share your most unforgettable market illusion in the comments!
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