Why It's Better To Hold Onto Your Chips When Stocks Dip
Not only is Alphabet blessed with an untouchable search business and a number of projects with explosive growth potential. AMZNand Netflix, Inc. NFLX — have been mired in weakness.
A Friday-Monday correction has been followed by unconvincing price action, then devolved into another sharp off day on Thursday. But that in conjunction with the collapse of the other FANG stocks warrants the question: Should investors still take this selloff seriously?
CNBC and other business media outlets have been complaining about this dynamic for quite some time. We can expect participation loss.
Baby boomers are retiring in droves, and with that comes changing financial priorities. Naturally, millennials dubai stock market emaar buying stocks on the dips the biggest workforce demographic, yet they simultaneously refuse to invest in the markets.
I argue that younger people who do buck their demographic trend prefer to do so with names they use or understand. Alphabet is a prime example, as are the rest of the FANG stocks.
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It is a Good Idea to Buy the Dips?
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