Should You Buy The Dip? (Just Keep Buying) with Nick Maggiulli
The Personal Finance Podcast
Buying the Dips Is a Bad Strategy
Buying the dip is good if you happen to have cash, but you shouldn't wait for it. On average, on average, markets take ten years to recover. There are exceptions to the rule like japan in 89 and Russia this year. But there are also prolonged periods where these markets do not recover.
104. Should You Buy The Dip? (Just Keep Buying) with Nick Maggiulli
Check Out Nicks Book: Just Keep Buying
Today we discuss:
- Should you focus on saving or increasing your income?
- The 2x rule when spending.
- How to invest in a recession.
- Should you buy the dip.
- And so much more!
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DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.
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