Business
Should you ‘buy the dip’ with ASX shares? – Motley Fool Australia
Should you ‘buy the dip’ with ASX shares? I think it’s important to be brave and invest when the share market starts getting choppy.
The ASX is certainly acting volatile in September. Before today’s movement the S&P/ASX 200 Index (ASX: XJO) had fallen 4% in the month to date. Yesterday’s drop of more than 2% may have caused a few investors to get nervous.
For various reasons people may decide to sell on these heavily negative days. I don’t think that selling because of fear alone is a good idea.
I don’t think that a business’ valuation can change by 2% or 5% in one day just because of what the market is doing. The under…
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