I see everyone screaming “buy the dip”. If you are going to I advise the strategy I learned when I started out 10/20/30, 1/2/3. Invest 1/3 of your cash on the sidelines when the stock falls 10%, another third at 20% and the rest at 30%. Definitely helped in March. This assumes you did your OWN research and analysis on the stocks you purchased. Junk is junk no matter what price you bought it.

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Love that you’ve set yourself a standard and helped you take the emotion out of it. Outside of my regular 401k and Roth IRA automatic investments, I invest each day there is at least a 3% dip.

likesmart

Is this strategy meant for individual stocks or Index funds?

Funds usually have way less volatility than individual stocks. Thus there swings are typically less (or at least they used to be with former presidents)

I like it.

My version is to rethink a stock at a 10% loss. I may bail or buy more depending on why it’s down.

At 20% down I really have to be convinced to stay in. This rule was not in effect in March.

I write down 5 points for why I think a stock will do good. As those change I get out. If the price is right and story is good, the market usually catches on. I agree though, always be evaluating

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