ALL IN ON PAYDAY OR TO BUY THROUGHOUT THE MONTH?
I know... you will probably tell me that buying on the dip is not a long-term strategy and buy frequently or monthly has proven to give the highest return on investment. However, as the market went negative, and all my stocks were in the red, I couldn't help to wish that I had some money left to fill my portfolio with even more shares from the companies I already own. I have always been investing all my savings the very next day my salary lands into my bank account as my impatience takes over. To ensure that I do not end up in the same situation again, I have decided to adopt a new buying strategy which is to buy stocks regularly over the course of the month instead of buying everything on payday. This approach ensures that I have the chance to buy shares at a lower price if the opportunity presents itself such as today. However do not mistake me, I am not trying to time the market, I will also buy when the market goes up. What is your buying strategy?