Time to purchase BMW outright

Q: Hey Mark, should I get into BMW now for the long haul? I mean, just like Buffet, purchase a block and sit on it for 20-30 years?
A: Yes

Lets take a look at this chart:

You notice that

this is a solid company that constantly increases its market share. Look at the dip in 2001 and then the dip in 2008 when the markets crashed. Then look what happened. The stock keeps climbing like an early Microsoft or Home Depot.
Today is an excellent day to get in for the long term. The stock is being panic sold due to its percieved involvment with the VW emissions scandal. Its making for a great dip to get in on the cheap. Even if there is a crash next year: simply buy more.
You have to take the long view on this. Remember the beginning of the 1993 Movie 'TimeCop'? At the beginning there was a guy from the 2020's who travelled back to 1929 and was snapping up stocks for pennies on the dollar. He had a newspaper from 2020 open to the stock pages and right next to it, a paper from 1929. He would look up coca cola in 2020 and it would be at 179 dollars a share, then would line the ruler up to the 1929 price during the crash: 4 cents a share. He then got on the phone and called his broker and started buying.
Looking at this chart, simply draw ahead the line. What will the stock be at in 5 years? 10 years? Yup. Move some cash in and forget about it. If the market crashes this year buy more then forget about it. If the market crashes in 2016, buy more at the point where everyone is screaming they will never go near the markets again then forget about it.

My in:

Thats all for this midday, check back near close for any ins I might pull during the last 15 minutes of trading.

Tradinginsider