Daily Poll: Does 'buy the dip' actually work?
Warren Buffett loves Chcap stocks.
“It’s far better to buy a wonderful business at a fair price than a fair business at a wonderful price,” He once said.
“It’s far better to buy a wonderful business at a fair price than a fair business at a wonderful price,” He once said.
”Just because a stock is cheap is no reason to buy a stock. In fact, it can be one of the worst reasons,” says Kimberly Woody, senior portfolio manager at Globalt Investments. “Sometimes things are cheap for a reason.”
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Milk The Cow : Sure is. But no one know when is the likely "dip" except for those pro or manipulators .
102682575 Cliff : Before we embark on Buy the Dip, it is important that you have the time horizon for the company to turn around. Lastly, the stock price is at Fair Value ot below Fair Value.
Sprockett : I always go to the fundamentals of a company as that speaks to me, Cheap is relative, how to balance that. If the price of the stock is cheap or does it have value. Value and for me cheap means the fundamentals are Rock solid and the stock price is low enough I can buy a few hundred to a few thousand shares.