A rallying market may correct soon, but one pro says watch for this 'monster buy signal' - The Best Online Debate Website | DebateIsland.com The Best Online Debate Website | DebateIsland.com
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A rallying market may correct soon, but one pro says watch for this 'monster buy signal'

Opening Argument

agsragsr 812 Pts
"You don't need to chase the market, but you better be ready when it dips," Dwyer said.
Yeah - I agree.  Holding cash and ready to buy on a significant dip is a decent strategy now.  Market is overhyped, but has good fundamentals for longer term growth.
Article -
https://www.cnbc.com/2018/01/12/a-monster-buy-signal-for-stocks-could-erase-losses-tony-dwyer.html
melefjoecavalry
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Arguments

  • melefmelef 65 Pts
    I love DebateIsland.com’s Debate news! 

    Holding a large amount of money or cash and being ready to buy is a good strategy. Although, you should have some money in stock/s and have a large amount of money.
    agsr
  • agsragsr 812 Pts
    @melef, agreed on both points.
    love the debateisland news!

    agree with you on holding a stock portfolio as long as it's for a longer term horizon.  Historically, equity investment outperform all other assets (especiallu cash) in the long term. It's probably a good idea though to have some cash available now if the market dips.
    Live Long and Prosper
  • The stock market needs a large correction.
    agsr
    DebateIslander and a DebateIsland.com lover. 
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