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> Only consider buying stocks when nobody but nobody thinks it's a good idea. When "buy the dip" has utterly left the popular vocabulary. When dividends + valua
by arbuge 7y ago
> Only consider buying stocks when nobody but nobody thinks it's a good idea. When "buy the dip" has utterly left the popular vocabulary. When dividends + valuations are at bargain-basement levels.
I would say the above is definitely true for certain sectors of the market now. Energy (oil & gas) comes to mind. Perhaps banks and emerging markets too.
The broad market, on the other hand, isn't even down 20% yet.
- RhodesianHunter 7y agoI'm not sure why anyone would buy oil and gas given the way the world is changing but that's just me.
- arbuge 7y agoThere you go...