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Still Hodling "Buy the Dip Stocks" for Now

Volatility makes it challenging to hodl buy the dip stocks.  When a very profitable stock dips 20, 30 or 50%, my instinct is to sell and kee...

Tuesday, January 19, 2016

Waiting for More Clearance Prices

For the past couple weeks, I've been buying stocks on sale, at significant discounts of 20-50% off on average.   I've even been getting a few stocks at clearance prices - up to 90% off.

I think its time to stop buying on sale and wait for the inevitable clearance since there are few buyers and equities are in low demand.   I think the next two weeks will bring more prices down to clearance levels.

It will be worth waiting a couple weeks to see if I can get more stocks at clearance prices.

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This is not financial advice. Please consult a professional advisor.

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