02-03-2014, 10:26 PM
Howdy OK.
You know that there will NEVER be a good answer to this question. If you happen to fall asleep for a few months and wake up one day with the market down 25 percent, you might know it is time to buy, but even then, could just keep going down. If you watch the dip from the start, it is all the worse. Could be just a temporary blip, or the start of a downtrend.
My instinct would be to buy in chunks. Buy a bit of your hottest prospects at these prices. You can keep buying more if prices continue to fall or stay around here. And if they head back up from here, at least you picked up a few shares at (relative) bargain prices.
Which companies are you eyeing?
You know that there will NEVER be a good answer to this question. If you happen to fall asleep for a few months and wake up one day with the market down 25 percent, you might know it is time to buy, but even then, could just keep going down. If you watch the dip from the start, it is all the worse. Could be just a temporary blip, or the start of a downtrend.
My instinct would be to buy in chunks. Buy a bit of your hottest prospects at these prices. You can keep buying more if prices continue to fall or stay around here. And if they head back up from here, at least you picked up a few shares at (relative) bargain prices.
Which companies are you eyeing?