Perspective: Want to buy the dip? You’ll get plenty of opportunity (with less risk) when the markets stabilize and settle.
Market Take: Don’t Be A Hero
This is not the market to be a hero in.
A lesson I am trying to drill into my head:
You don’t have to miraculously time the bottom of corrections in order to generate returns.
It’s often better to buy after a stock has bottomed at a higher price. AKA Buy high and sell higher!
The VIX is now at 30.
Approaching 2022 bear market levels.
Still a ways off from the April flash crash last year.
Extremely high VIX levels (above 36) are often excellent entry points for stocks.
Stay patient.
-Pierce
Founder, InvestorWaves.com
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Note: This article does not provide investment advice. The stocks mentioned should not be taken as recommendations. Your investments are solely your decisions.