With each dip, would you buy into US tech stocks again for long term ?
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Be greedy when others are fearful.
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Just buy with diamond hands
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People will put funds aside and save up for events like 11/11, Black Friday or any sale. The stock market is the only place where when there is a sale, people panic and run away.
"An intelligent investor is one who realises as prices are lower, risk decreases, not increases. As prices are higher, risk increases, not decreases." - Benjamin Graham
You need a plan on when to add. I personally split up funds I want to invest into a company/ETF into 3-4 sums. Each time it hits a "buy point", I add in an allocated amount of funds.
There are many ways to determine a "buy point". Some prefer to use intervals based on how much a stock would drop. That also depends on the volatility of the company.
Examples
Defensive stocks like KO/PEP/PG or index ETFs like S&P500
a 5-7% drop may be compelling an attractive enough to add more.
For other growth stocks like AAPL or MSFT maybe they may add only if it drops
10% and add again if it drops another 10%.
Extremely volatile stocks like ARKK or TSLA maybe a 20-25% interval may be more suitable
Personally
I personally use moving averages to guide me
For any asset, be it stocks, ETFs, Bonds, Crypto... You can see that in an uptrend, it tends to respect a moving average as a support before boucing up. They are called averages for a reason. These can serve as potential buy points to add. Ofc, each stock tend to respect one moving average over another more often than not. You have to look at the history of the price action for each individual stock.
*Not always exactly, but roughly in that area. (We should see area of supports as areas instead of a single price point)
*The purpose of of this sharing is to give a different perspective on averaging your entries for those who prefer not to DCA, this is not an opinion to say one strategy is better than another. One strategy or investment may be great for an indivdual but terrible for another due to different personalities and emotions, it is best to understand yourself and which style suits you best.
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Zac
13 May 2021
Noob at Idiots Invest
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Yes. Buy more when at support level. But dont show hand, becoz never know where is the bottom. Leave some bullet to fire if it drop more.