If you feel the urge to pull money out of the market in times of short term volatility, you need to listen to Melissa Fradenburg, Financial Advisor, explain the concept of buying the dips. In this episode, she will explain how the concept works, as well as why buying the dip does not guarantee getting in at market lows. When company valuations are substantially lower than they were just weeks ago, investors have an opportunity to buy at a relative lower price. Learn why in a volatile market, buying at lower prices could be a good strategy for generating long-term returns.
- Learn more about Pearl Planning.
- Read blog 5 Questions to Ask When Stocks Are Down.
- Retired or near retirement? Listen to our podcast from 2020 on conversations for retirees in a bear market.
- Read about Beyond Investment Illusions.
- Read about Averaging Down.
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