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Additional Posts in Personal Investment Chatter
If you have cash that you want to invest. Please consider Treasury Series I Savings Bond (Electronic). Interest is 7.12% right now. While it's not guaranteed that the 7.12% will remain until next year, it's still a good deal.
My SO and I just invested 20k (10k max per person even married).
https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm
GME and AMC are not doing well today 😂
SCARED MONEY DONT MAKE MONEY. BUY NOK 🚀🚀🚀🚀🚀
Is stock market surging tomorrow?
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Rising Star
There is really no need to bottom fish. Consistency is key to investing. Anyone who has been consistent in their investment process doesn’t really need to try to time the dips…it just doesn’t work.
I always buy the dip at restaurants when they are on the menu. It’s a strategy that has never let me down
This is why I come to fishbowl
Maybe some macro economic and valuation things have changed a bit in the past 2 years?
They said that last time
Conversation Starter
Have been buying consistently each paycheck.
Out of cash now until next paycheck 🤷♂️
I catch falling knives all the time!
I bet you’re fun at parties.
Remember, a drop of 90% is like a drop of 80% followed by a drop of 50%. I guess that's how math be...
This is why I’m not an accountant
I did the buy the dip, then sold near the top cause I realized stocks are for boomers
No, I bought them in 2016-2017, but had to sell out cause I was broke and in college. Crypto’s doing ok but still pretty risky from an investment standpoint right now in my opinion.
It’s different this time 😃
If there are stimmies again, I will buy the dip
Oh I'm going to buy the dip...i just know the dip had barely started, we're in for a rough couple of years
Buy the market when it’s actually on sale, not just when the price gouging stops. When COVID started, it was actually on sale (from a valuation standpoint). Right now, it’s not.
I bought SPY at the end of March 2020. Good time to buy. Sold too early in June 2020. I thought that Covid would get worse (it did) but the market got better. Times the market well at the bottom but not the top. Timing the market is a losing battle.
I bought the last dip, but now we’re buying a house so have no cash for this dip 😭.
Nor for the house 😭😭
Buy the dip, that keeps dipping. 😆 Remember the phrase, don’t fight the FED. 2 years ago it meant don’t be a bear, today, don’t be a bull.
Who bought the dip? 👀😂
You think it’s easy but watch it go down another 15-20% from here. All the dip buyers here will be burned.
Now imagine you bought at peak times. That’s even worse than not buying the dip. If we knew beforehand what the best time of investing is, we would all be rich.
I dont “buy the dip” as I’m always as invested as I can be.
Imagine buying Cisco dip at $66 back in Aug 2000. 😆
3.08% dividend yield on CSCO as of today, which I was not expecting.
Rising Star
Just keep DCAing. You won’t get peak profitability that you would if you bought the absolute dip but at least you won’t miss out and you won’t have worry about trying to time the market.
What dip?
You’re most likely right. My issue is that 2 years ago there was a dip due to people worried the world was ending.
This time around people are worried….Ah crap.
No seriously, it is different this time around. There are SO many factors beyond fear from investors.
But but that is what my 401k is for 😂