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Listen "Investment Term For The Day - Buy the Dips"
Episode Synopsis
Buy the dips means purchasing an asset after it has dropped in price. The belief here is that the new lower price represents a bargain as the descent is only a short-term blip and the asset, with time, is likely to bounce back and increase in value. In a repeated fashion, buying the dips refers to going long an asset or security after its price has experienced a short-term decline.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.
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