5 ms·

> Buying the dip isn’t some secret strategy. Time is the secret strategy. There is a Dutch guy out there with some rotted tulips who begs to differ.

• chii 4y ago
  when they say buy the dip, they refer to buying the stock market index (like S&P), not individual stocks like a tulip.
  • xeromal 4y ago
    I think their analogy is that your investment in the Prussian/Holy Roman Empire/Carthage stock market can still end up ruined regardless of time.
    • chii 4y ago
      And yes, that's true. Geographic concentration is a real risk. if you purchased a world wide index, you will not suffer from such risk.
      • xeromal 4y ago
        Yeah, that definitely is the best way barring the existence of aliens. :)
      • barefeg 4y ago
        Dinosaurs beg to differ
      • grey-area 4y ago
        World indexes are 50% American stocks, they are not as diversified as you think. They’re also vulnerable to mass panic during a crash.
        • pertymcpert 4y ago
          50% American sounds good to me though? And of course a global financial crisis is expected to hit global stocks. That's completely fine.