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Once the supreme court decision about Trump went out, I took all of my investments and put into a savings account. When a dip happens, I simply take 10% of the
by ActorNightly 9mo ago
Once the supreme court decision about Trump went out, I took all of my investments and put into a savings account.
When a dip happens, I simply take 10% of the money, buy the dip, then sell when the price hits pre dip.
So far Ive netted significantly more than any of my peers that actually do investing.
- 4gotunameagain 9mo agoInteresting. Do you buy indexes, or ?
- ActorNightly 9mo agoMostly VOO and others. But I do buy big cap stock as well.
- raffraffraff 9mo agoSo if you had a pension mostly in all world indexed funds, you'd switch them over to "boring" investments like cash.
- generic92034 9mo agoYou have explained well how you are determining the point to sell. But how do you determine that "the dip" is now?
- ActorNightly 9mo agoAnytime it dips due to some announcement, I buy (usually big cap stuff like AMZN, or index like VOO). Then I sell when the price goes back to what it was prior to announcement
- ghtbircshotbe 9mo agoObvious problem - stock market could keep going down. Obvious improvement - stop limit sell orders. Obvious flaw in the story - many common stocks like Google have doubled in the past year.