Ninjastic
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Re: Buy Buy Buy or Sell Sell Sell?
by
Spaceman1000$
on 19/03/2025, 10:29:58 UTC
Quote from: Mr Reporter on Today at 06:38:56 AM
Quote from: Agbamoni on March 18, 2025, 08:44:44 PM
Quote from: tiCeR on March 18, 2025, 05:34:30 PM
Quote from: philipma1957 on March 18, 2025, 05:27:43 PM
I have two sets of funds.

One for buying dip

One for real issues whatever those issues are.


Today I purchased dip.

What if buying the dip turns into a real issue? Cheesy Which account are you using then or justify to make use of? Smiley
Buying the dip will never be an issue if you program your discrentionary income very well.
I can spare money for parties, and recreational activities in other to buy the dip.
Except your income stops coming perhaps you quit your job, get sacked or stop having client in your business. Only then can buying on dip be limited.
Just as you have said buying at the dip with some viable strategy it is not advisable to make if you have a well planned discretionary income you can take advantage  of the market downturn without compromising your stability, and also your points about income continuity is not advisable as long as your income remains steady one can continue to buy at the dip season  however if one's income is determined due joblessness, business turn down it advisable for them to reassess your income priorities and quickly make your adjustments income strategy accordingly.
Two truth can coexist, what you said it's not totally different from what @Agbamoni was trying to say, hence there is an imbalance from your discretionary income, you will have to readjust your dip buying, because priorities will change, as you cannot continue your dip buying on that same level of frequency and That's the beauty of DCA because it allows you navigate easily even when their are some financial down turn.