Invest
Buy the dip! | What if the dip keeps dipping?
By Singaporean Talks Money  •  July 21, 2021
Seeing a sea of red after quite awhile, though I don't think this dip has been very crazy yet but I have put some funds into the stock market. Buying the dips is what you frequently hear in both the stock market and also for cryptocurrencies as both of them are dipping. Buying the dip is when investors view this as an advantageous time to buy or add to an existing position which helps lower their average cost hence profiting when the market goes back up. However, with limited funds, what happens if you bought the dip and then it dips even further? No one can truly time the bottom You might be able to buy at the bottom for some but it is definitely not possible to buy every single time right at the bottom because no one can predict if the price is really the current bottom. I put some funds in as part of my...
Read the full article
By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance