Lions and friends… this “buy the dip” strategy has been THE most profitable way to beat the market for YEARS..
For example.
in 2017 ticker SPY, the ETF which tracks the SP500, was trading at $234, today it is trading at $442! If you just held that and bought the dips you have killed it.
If you bought JPM, as another example during the same time frame as a core position, in 2017 JPM was $90, today it is $152 and you would have also been collecting a quarterly dividend! If you again bought the dips, you have killed it.
Last example, MSFT. in 2017 MSFT was $65 a share, today it is $293 a share, and yes it pays a dividend.
BUYING THE DIPS WORKS!
As I have said repeatedly.
As long as the 10yr yield remains stable- I WILL PERSONALLY CONTINUE TO BUY DIPS.
GM
actually I am buying the dips. I may be little different than others. I just nibble at everything low. I just have no worry about the stock sell off today. Just keeping dry powder more than usual
Thanks for helping