IFB87: Buying Stocks in a Downtrend, Selecting From a List of Stocks

Announcer:                        00:00                     You’re

tuned in to the Investing for Beginners podcast. Finally, step by step premium

investment guidance for beginners led by Andrew and Dave to decode industry

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Dave:                                    00:33                     All

folks, we’ll work up for beginners podcast. This is episode seven tonight.

Andrew and I are going to answer a few. Yes, we got a couple of great ones and

we thought there would be really interesting to talk about and they’re kind of

relevant to what’s going on in the market as of today. So I’m going to go ahead

and read the first question and then Andrew and I will talk a little bit about

it. And then Andrew, read the second question and then we’ll talk a little bit

about it so that you go ahead and start.

Dave:                                    01:05                     So

the first question, hello Andrew and Dave, thank you for doing the podcast and

helping beginners were in the basic principles of investing and value investing.

You guys have fueled my interest to learn more and they’ve given me more

confidence when it comes to investing. I have a question for you too. I know

Andrew has mentioned a past experience with fl. Hitting is trailing stop and he

was forced to sell. He said that he underestimated how far fl would bottom out.

I’ve experienced this with a few stocks that have been affected by the current

trade war slash terrorists with China, so my question for you too is whether

you have any strategy buying stocks that you feel are on a temporary downtrend.

How long do you wait before you buy and how can you make the call when you

think the stock’s won’t get anymore? Thanks, Josh. Andrew, why don’t you go

ahead and answer that first and then I’ll throw in my two cents.

Andrew:                              01:56           &nb..;.