The problem I have with the idea of buying on a dip is that it implies that there is loose uninvested cash sitting around doing nothing … either that or I have to figure out something to sell.
Yes! This is exactly what I was thinking as well. This is especially true in accounts that you have no more money flowing into each month or year…
So how do one balance buying the dips when you have all your money invested…especially when all SaaS stocks seem to go on sale at the same time (as in a sector sell off)? So if you trim positions to buy more…then you are having to sell when all your stocks are down that day.
Until I learn more on how to do this, I am keeping a small portion of my accounts in cash. lol.
also this probably off topic too, but does anyone have tips on how to get notifications of your stocks dropping so I don’t have to be in front of my computer all day or on my phone? Was out gardening this morning and afterwards saw that ZM went down to $240. Ugh. Thanks
Thanks again to everyone who contributes to this forum. Shep.