Buying the DIP or will it dip even more ?
Hi Guys, Is this an opportunity to buy the DIP or a recession is near by ? what do you think !
Dollars and Sense's avatar
I'm using the downturn to buy as much quality as I can and I hope it keeps going lower
Dollars and Sense's avatar
@investmenttalk yes, this is perfect. Thank you for the link it will certainly fit well into my collection.
Conor Mac's avatar
I think patience is a virtue here, no use trying to be a hero.
Preston | Investor Insight's avatar
I am exuding lots of patience in this market environment. Personally, I think we see $SPY under $339 by end of year.
Green Candle Investments's avatar
im always of the theory of buying companies that you believe in on the way down. id rather buy on the way down than the way up tbh
Jensen Butler's avatar
Patience pays
Luka 🦉's avatar
Nobody knows; buying small tranches continously can be the best way to average down and end up with a fair price. Keeping your cash hoping to deploy at the lowest point is unreal and undoable
Leon's avatar
it can always go lower, but i continue to slowly DCA into my favorites
Reasonable Yield's avatar
I would think so, but lay off being overly aggressive.
Leandro's avatar
If you buy the dip you risk being out of money soon, prices can go lower and stay irrational but nobody knows. I would follow a pre-determined strategy to avoid acting on emotions if I where you and I would avoid trying to predict what the stock market or the economy will do