Does AlphaProfit suggest a specific percent of decline to guide the use of the Buy on Dips reading?
AlphaProfit does not target a specific level of decline since such a target may not materialize in each and every instance and one may miss the buying opportunity. At AlphaProfit, we seek to keep the model portfolios fully invested in sectors that are likely to perform better than the broad market averages over long-periods of time. As such, the ‘cost’ of missing a buying opportunity may be larger than that associated with index mutual funds. Simply said, subscribers tracking the model portfolios may buy the basket of Fidelity mutual funds included in the model portfolios during periods when the market is weak rather than during periods when the market is strong.
Related Questions
- As YourShare offers no financial advice or investment recommendations, why must I confirm reading of the YourShare Financial Services Guide?
- Does AlphaProfit suggest a specific percent of decline to guide the use of the Buy on Dips reading?
- What is the author’s goal for readers when they are done reading the guide?
