Stock Market Dive Dip - Ready to Buy?
- Ogechi Aguma
- Feb 26, 2020
- 2 min read
Updated: Sep 19, 2020
The month of March 2020, Major markets with great heights are hitting > three year lows. Indices of countries tanking seriously. Coronavirus is shaving countries profits. Wall Street, FTSE 100, US TECH 100, Germany 30, Italy 40, India 50 are all down.
Its truly incredible how deep the bite goes.
The question now is, are these discounts screaming opportunities?
Companies that make up the Dow Jones Industrial Average are all in massive negative territory of which values isn't scarce.
Giving the events unfolding, in my opinion, buying now is the best time. Getting such discounts in the markets come in rare occasions. Following the counsel Value investors, the likes of Warren Buffet and Nick Kraakman buying now is great step to profiting in the long term.
I would add, keep an eye on events. The bottom isn't clear yet. Business analyst don't have the end in sight yet, companies are coming up with rescue plans, Governments need enhanced stimulus plans now, weak business are seeking loans for bail out, interests are at all time lows making borrowing cheap.
One thing remains though, you want to be in on the low to rise with this global economic recovery!
Do your research. Listen to Nick Kraakman's podcast. Absolutely fantastic. Although done in 2014, the podcast is very timely. Value investing principles are simple and change with time.
"I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy."
--Warren Buffett
Watch and Subscribe to our YouTube Channel
Subscribe to our website for updates.
Click on Log in (Top right).
Recommended online Brokers
Hargreaves and Lansdown. Take a look at their fees.
Degiro - Especially for those living in Europe for examples Portugal. Take a look at their fees.
Bamboo App - Especially for those in Africa.
Do your research.
Counsel
Always try to buy stocks when they are on SALES! (basically when there is a dip in the share price).
Drip feed your investments. Share prices vary day to day especially in times economic crisis, high volatility becomes a common theme. In the same vain, be watchful of purchasing fees.
Investopedia is a great website to help you with understanding almost any financial terms and definitions.
Disclaimer
Note: Shares and Investment Lifestyle website is only for information purposes. Please do your detailed research. Any investment decision taken will solely be your responsibility. You can get back more or less capital than you invest.
Comments