PowerWordChill (@PowerWordChill) on getquin

PowerWordChill

@PowerWordChill

9Mon·

Everyone always says Buy the Dip...

Am I doing that right?

23.01

iShares MSCI China ETF

Bought at €3.284

12 Comments

McCrispy@McCrispy

9Mon

I don't know now

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Rmann@Epi

9Mon

Buy the dip refers to stable upward trends with short corrections, not to longer bear markets. In this case, "sell the rally" applies.

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Seiky@Seiky

9Mon

Most of China's rise was due to the incredibly fast-growing population. When there are more and more people, companies logically generate more and more sales on average because the market is growing. However, this is currently reversing and the population is expected to drop massively from now on. In addition, China is anything but liberal and the less liberal and the less free the market, the slower the growth. All the way to communism, where there is virtually no growth at all and everyone is slowly becoming impoverished... I still have a 10% allocation to China through my EM ETF, but you never know what the future will bring, but it doesn't look too good at the moment.

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Roman@Roman_moed

9Mon

I'm still unsure whether this is the dip. I'll wait a little longer. Good luck to you

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finance_noob2000@finance_noob2000

9Mon

Just in the Handelsblatt today podcast from yesterday 😉

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