Anonymous asked in Business & FinanceInvesting · 1 month ago

Is it true you should purchase stocks when stock prices are dropping?

2 Answers

  • 1 month ago
    Favorite Answer

    NO it is not true.   Yes one rule is to buy low and sell high 

    BUT you should never trade against the trend.  Don't go against the market you'll loose every time. The market is always right so don't fight it.

    Granted you will never buy at the lowest point but shouldn't buy in a loosing market.

    Source(s): from The Street
  • Anonymous
    1 month ago

    Ideally one would like to buy low and sell high, but most people who attempt market timing don’t do it very well.  You can also run into having to pay notable short term gains.  For the casual investor, dollar cost averaging and diversification is probably a better strategy.  

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