The maxim “buy the dip” has been commonplace in retail investing – and retail investors demonstrated their commitment to this idea during the pandemic. But for the first time in a while, retail investors might be ignoring that guidance now.
The S&P 500 index dropped over 30% in March 2020. Ordinary investors didn’t flinch; instead, they bought up index funds on the cheap. In many cases, this activity has worked as a counterweight to the market’s plunges.
A note from Vanda Research, a…
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