Reminder: It’s Dumb to “Buy the Dip”
Like birds chirping at the rising sun, investors tweet “buy the dip!” at the first hint of the stock market dropping. While it makes sense at first blush, this is a losing investing strategy. Let’s discuss why.
Like birds chirping at the rising sun, investors tweet “buy the dip!” at the first hint of the stock market dropping. While it makes sense at first blush, this is a losing investing strategy. Let’s discuss why.
In light of the COVID bear market, we’re taking this week to look at how various “buy the dip” stock market strategies have performed historically.