In bull markets, we buy the dips. In bear markets, we sell the rips.
Starting in spring 2020 and through 2021, we dividend investors stayed in “buy the dip” mode. Granted, 2020 seemed like a strange time to want to invest. But the Federal Reserve had our backs.
Heck, Fed insiders knew it. In late February 2020, Vice Chair Richard Clarida sold $1+ million in stock shares—and bought them a few days later on the eve of a certain “central bank announcement.”
The proclamation? That the Fed was prepared to print as much money as it needed to! In order to float the stock market (ha!)… Read more