Wealthsimple TLDR Newsletter | February 18, 2025: 🙅♂️ Dip-buyers beware
Wealthsimple TLDR Newsletter | February 18, 2025: 🙅♂️ Dip-buyers beware
tldr-archive.wealthsimple.com
🙅♂️ Dip-buyers beware
Disclaimer: The newsletters are put out by an investment management company. I'm sharing as the content may be helpful, but note the potential bias. More links:
- Wikipedia: https://en.wikipedia.org/wiki/Wealthsimple
- Newsletter homepage: https://www.wealthsimple.com/en-ca/learn/tldr-newsletter-signup
I think it's almost always wise to buy the dip. The article suggests otherwise but buying the dip is basically like going back in time x days/weeks/months. Statistically, the likelihood of the stock going back to pre-dip levels is very high. That time may be long or short, doesn't matter. The best dip buying cases for quick money are when the entire market is shaken up by something that happens to 1 company, like the United Health CEO, all pharma companies lost ~15% for no apparent reason. Safe to say I would have made some money if I had bought it, but I didn't want to invest in CVS.