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Friday, March 06, 2026

I Was Lucky, Not Brilliant

Well, most of my buy the dip stocks have advanced in the past couple weeks, with a couple returning about 25% so far.   At first, the stocks either went down further or bounce up and down significantly.  I was concerned that they would drop much further.  However, it now appears that I was just early since it looks like most have bottomed a couple weeks after I purchased them.  I clearly was lucky, especially since war with Iran happened, which typically causes stocks to fall.

During that time, I went through several bouts of excitement, dismay, and anxiety since there was significant volatility in February 2026 followed by the war with Iran.  Was I brilliant?  No way.   I consider myself extremely lucky right now.  I happen to pick the right stocks at the right time, which is very difficult to do.   

I will continue to hold the buy the dip stocks, hoping that all will become positive.  I may scale out of some positions and take profits if they continue to advance.   Otherwise, I may hold for a few months and then sell.

Overall, this has been a good experience so far.  However, I do not plan to buy the dip on this scale again. Too much stress and anxiety for me when depending on luck.

Disclosure:  The stocks I bought on the dip were:  MSFTTSLA, NOW, CRMTEAM, ADBEACN, NFLX, UNH, and PYPLThe ETFs I bought on the dip were:  VOO, RSP, MGK, and SCHD.

For more on Reaping the Rewards, check back every Friday  for a new segment.

This is not financial, investing, nor stock picking advice. Please consult a professional advisor.

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