3Sem.
Buy the dip for me was in July and not now when the share price is falling by 2%
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@JH90 so true
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11
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3Sem.
@JH90 that's right 👍
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11
•3Sem.
@JH90 Buy the dip is never actually the case with McDonald's. Look at long-term charts: for example, since 1965. McDonald's is always bought at the highest price, no matter when. Such a small dip of 2% or 6% is no longer reflected in the chart after three or four years.
This is a classic share for fundamental investors, not suitable for market timers: because it somehow always rises, selling would simply be stupid and waiting for a dip to enter at a lower price costs returns: but after a few years it doesn't matter whether there was a dip or not when you entered.
Basically, with McD, the earlier you get in, the better. And a little later is always better than not at all.
This is a classic share for fundamental investors, not suitable for market timers: because it somehow always rises, selling would simply be stupid and waiting for a dip to enter at a lower price costs returns: but after a few years it doesn't matter whether there was a dip or not when you entered.
Basically, with McD, the earlier you get in, the better. And a little later is always better than not at all.
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