Why I Double My Investments On Red Days #investing #stocks #vti
Day 71 of this investing challenge, and This Is Exactly When This Strategy Shines. The market has been under pressure lately, but that's actually where this challenge gets interesting. Our investing strategy is simple: - Invest $100 every trading day - Invest another $100 whenever the market dips Over the last 6 trading days, we've doubled down 4 times. That's 80% of the time. We're investing in VTI (Vanguard Total Stock Market ETF), which gives exposure to thousands of companies across the entire U.S. stock market. Recent tensions involving Iran have created more uncertainty in the markets, while many investors appear to be taking profits ahead of the highly anticipated SpaceX IPO later this week. While some investors are running from volatility, we're doing the opposite. By continuing to buy during pullbacks, we're lowering our average cost per share and positioning ourselves for a stronger recovery when markets rebound. This is exactly why this challenge exists: to compare buying the dip against traditional dollar-cost averaging and see if the extra purchases during red days make a meaningful difference over time. Not comfortable with stock market volatility? If you'd rather earn interest with less risk, check out my video covering 17 of the best High Yield Savings Accounts (HYSAs) available right now. Watch that video next and I'll see you tomorrow for Day 72! Blake Alewelt Shieldline Financial and Bravo Ridge Group at eXp Realty Blake@shieldlinefinancial.com https://www.shieldlinefinancial.com/ West Des Moines, IA Licensed to Sell Real Estate in Iowa #investingchallenge #vti #buythedip #dollarcostaveraging #spacexipo #indexfunds #investingforbeginners #personalfinance #highyieldsavings
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