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Personal Finance and Investing

True Blue American

(18,341 posts)

1. They will in the long run.

Reply to mahatmakanejeeves (Original post)

Sun Sep 25, 2022, 07:23 AM

Sep 2022

I once bought stock, it went down, I bought more. Smartest move I ever made. That is why mutual fund managers buy and sell during down turns. Of course they know more than I do.

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Buying the dip is backfiring for investors looking to take advantage of stock declines [View all] mahatmakanejeeves Sep 2022 OP

They will in the long run. True Blue American Sep 2022 #1

Dollar average in with every paycheck. It's very hard to predict Tomconroy Sep 2022 #2

Oh, I do. mahatmakanejeeves Sep 2022 #3

Good morning! I used to think I could pick stocks. Tomconroy Sep 2022 #5

About ten percent of the time, it turns out well. mahatmakanejeeves Sep 2022 #6

The same for me at the horse track but now days I just Tomconroy Sep 2022 #8

The joy of the TSP bottomofthehill Sep 2022 #10

This message was self-deleted by its author mitch96 Sep 2022 #9

+1. When I was working that's what I did with my 401k. Dips bought more, peaks bought less mitch96 Sep 2022 #11

In a down year for markets, you might think high-quality stocks would offer a safe haven. [Nope.] mahatmakanejeeves Sep 2022 #4

Few remember 1974, and fewer study it because it is not written about much bucolic_frolic Sep 2022 #7

I bought stocks on sale back in mid-June after the S&P 500 entered a bear market (more than 20% down progree Sep 2022 #12