The trap of 'buying the dip'However, is it really that easy? I mean, if everyone could do it, why aren’t we all super-rich right now?
As an investor looking to buy the "dip", Jan 24 to 26, 2022 would look like a great time to enter. However… As you can see, timing the market is something easier said than done, and more often than not, you will not know if this is really the dip that you should invest in. You can’t be sure if the stock you bought will continue to fall in price, causing you to suffer more losses.What should investors do?With oil prices spiking, raising alarm bells for a possible recession in the US, we need to be prepared for the ripple effects we will feel at home.
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