So all of the folks of wisdom say that the stock market always goes up in the long run, although with plenty of unpredictable bumps along the way. Since you can’t predict those bumps until after they happen, there is no point in trying to dance in and out of it.
In other words, the cheaper the stocks get, the more excited we should be about buying them rather than chasing high interest rates.
This is the ‘it always pays to average down’ opinion. If you believe in a company and think that it will survive, grow, innovate, etc. You should be in it for the long haul.
For me this has been, where do I shop and spend my money? Where do I see other people shopping? Where do I see other people putting their money.
Netflix for example. Adding ads, which they said they would never do, and the password sharing crack down in various geo-locations now, but their subscribers base has not decreased, and if anything the ad tier is wildly popular if you believe corporate estimates.
Walgreens and CVS. Those are both very down in my portfolio and I am continuing to buy as I see mostly full parking lots wherever I go. Walmart is another, but I am up in that currently. I am continuing to buy due to the over stuffed lots I see for those.