A wise decision! Some great dip-buying here. I am sure it feels great to average down on an ETF like $VOOF with its low expense ratio. What would you say are the main benefits of holding $VOO over $SPY?
Not too long ago, $FB made a record by recording the biggest one day loss in value from any company. The stock continued to plummet for next 5 months dropping down more than 40% from its high before the earnings. It took more than a year and a half to get to the same levels in Feb 2020 when the pandemic happen. We all know what happened after that. The recovery was relatively quicker then and here we go again making one more record. With Facebook and Instagram losing user times to likes of Tiktok and co., there's quite an uphill to climb. While close to 40% down from ATH seems like a good opportunity to buy, I will most likely watch from the sidelines and see what they have in books for metaverse.
Also, here are the biggest value drops in the history in a single day, all from $AAPL $FB $MSFT and $TSLA.
Oooof what a reaction by the market. Did not see this coming. It's the dip that keeps dipping. Even the little uptick at the end of the 5-year chart will be erased once the market opens tomorrow.
My admiration for $MSFT as a company has increased by several folds in recent few years and am always looking to get in when I get a chance. With the likes of people like @nathanworden@eric@fatbaby sharing their trades, I couldn't resist sharing mine too.