Personally, i have not done well buying the dip. Its a falling knife for a reason. $Pfizer(PFE)$ was a great example, great company but just kept going lower. But thats a cyclical stock.
I think buying the dip requires one fundamental. Knowledge. This month i have been buying $Schwab US Dividend Equity ETF(SCHD)$ and $Realty Income(O)$. Why? Because i sold them both at a nice profit, I understand both companies very well, both dividend stocks that when i sold didn’t have the same allure going forward. With schd, the dividend yield wasn’t as consistent as others, with O the yield was low. But for both now, due to the price drop, totally different. Both are solid investments, and their price vs return are too good to refuse.
# Which Stock Made You Feel Like You Could Retire with One Big Win?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet