3 ms·
Time to buy the dip
by buboard 7y ago
Time to buy the dip
- tekkk 7y agoIt's a very common fallacy to think that previous stock price somehow indicates the future price. However, one should remember that whatever caused the price to fall in the first place, probably still exists, and unless remedied will continue to cause problems in the future. I like to buy stocks of companies that are in positive trend, reasonably valuated and have sound finances.
- tgtweak 7y agoYou might want to wait for some sign of a turnaround before assuming this is the bottom of the dip. Usual disclaimer about taking investment advice from internet strangers applies.
- lm28469 7y agoWhat about buying stocks in companies trying to have a positive impact on the world and not managed by megalomaniacs ?
- buboard 7y agoLike?
- lm28469 7y agoAny company supporting what you truly believe is good for this world instead of dumping $$$ with the sole purpose of making $$$ no matter the external costs. Sustainability, energy, education, medicine, the small business at the corner of your street &c. the world isn't running out of good companies.
- buboard 7y agoi actually agree to that but companies are not available in the public market. Uber does provide some value for people but it's mostly a gambling game pumped by a temporary wave in economies. i think it s time for some serious work in biotech.