We all love sale, whenever some things comes 10%, 50% in discount we usually buy it. But when it comes to market, people usually becomes quite reluctant to get that discount. As of today the Nifty 50 has gone down by more than 10% from it's ATH, and thus we are getting the 10% discount on the market.
But people are actually not buying because they think that market might go down further, but what if market goes up, so we cannot buy the bottom. This is where the buying in dip works great. You can continue to invest in your favorite stocks/ETF and also keep the cash for more downtrend.
If yoy are not confident about the stocks then the best is to buy the ETF. Like yesterday itself, I have bought S&P 500 Stock ETF from US Market when it went down by more than 2%, also I am continuing buying the Indian Market ETF, since its in downtrend.
Like some of my ETF has been down by more than 10% as you can see in the video posted above, which I will average out 1 at a time every day. So since the market is giving us that opportunity to invest, so it's our duty to actually do the investmnet and get the wealth created for the long term. Like now people are actually trying to buy the Bitcoin when it crosses ATH. But when it was 20K, 40K or even 60K most of the people didn't buy because they thought crypto is dead.
When the market goes down, it actually gives us that opportunity to invest which we can invest and take advantage in the longer run.
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