Interesting short clip on how Roman emperors one after the other devalued the currency that lead to rampant inflation and the destruction of the empire. https://youtu.be/qjkwVjpt6jk
MMT in action. But its not a modern phenomena, the Romans seemed to have invented it. History seems to be repeating.
When someone says " BUY THE DIP " ...then dont make fun of him ....Bonds yields and what not u try to scare people ....eventually people will realise whom to trust ...lol
buying the dip in any stock is not a recipe for success
you should watch what bonds are doing
stating facts of what is happening at a point of time is not scare - mongering
Buying the dip is great advice for throwing parties... not so much for buying securities. Finding and then purchasing undervalued securities is better advice.
Just because a stock price has fallen doesn't necessarily mean that you should purchase it.
buying the dip in any stock is not a recipe for success
you should watch what bonds are doing
stating facts of what is happening at a point of time is not scare - mongering
I thought U have been long enough in the markets to know the phrase " Buying the dip phase " ....but alas u rather score brownie points than agree that market trends are changing like they always do near the rate topping process ...
Also I am not a micro day trader to see or note every gyrations of Bond or equity market ....I rather latch on to a long term trend and then ride along for few years
No doubt about it, but if they(companies) have beautiful stories, turnarounds or asset opportunities then they will be in my shopping list.
Originally Posted by ValueNZ
Buying the dip is great advice for throwing parties... not so much for buying securities. Finding and then purchasing undervalued securities is better advice.
Just because a stock price has fallen doesn't necessarily mean that you should purchase it.
Nobody has more faith in past performance as a future indicator than long-only dip-buyers.
Tesla & Meta both recent prime examples of this. Would have, could have, SHOULD HAVE! moment for me. I was sooo close to pulling the trigger on both at around $100! Doh!
Time to identify value stocks in the NZ exchange than going behind overvalued, very high PE tech stocks. Tech will come and go, but people will have to live with basic things.
Last edited by Valuegrowth; 08-07-2023 at 01:19 PM.
Originally Posted by Daytr
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