Steadfast Finances

 Buy on the Dips, Index Funds, Investing 101         11 comments

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On March 9, 2009, the stock market closed at it’s lowest level in over a decade. The doom and gloom news factories were pumping out negativity as loudly as it could because that was what “people wanted to hear.”
You couldn’t pick up a newspaper, click to highly trafficked website, or …

 Buy on the Dips, Investing 101         3 comments

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Sometimes I love earnings season and then sometimes I hate it! If you’re wondering why… see Google’s 30 point nose dive in the after hours market today.
[click image to enlarge chart]

For disclosure purposes, I should say that I did not own Google prior to their earnings announcement but I think …

 Index Funds, Investing 101, Long-Term Stocks         4 comments

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I’m something of an oddity in the investing world when it comes to finding the best buy and hold investments: I do not limit myself to a one individual method of stock analysis.
In other words, I’m not 100% reliant upon fundamental analysis where I only review the financial statements and …

 Buy on the Dips, Index Funds, Investing 101         8 comments

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Several folks have asked me over the last few weeks what does phrase “buy on the dips” actually mean.
The official Investopedia definition is:
A slang phrase regarding the practice of purchasing stocks following a decline in prices. After a significant dip in the price of a security or stock index, investors should increase positions …

 Buy on the Dips, Lessons Learned, Personal Finance Tips         5 comments

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There is an old (and unresolved) debate among historians that the game of Chess was invented as a way for a King to teach his Generals battlefield tactics.
The King found that the younger headstrong Generals would attack quickly without much of a strategy or consideration for the survivability of his …

 Buy on the Dips, Index Funds, Investing 101, Retirement, Roth IRA         1 comment

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The S&P 500 is a rock!  After all that transpired on Wall Street this week, the S&P 500 only changed 3 points in 1 weeks time.
Just 3 tiny little points on the upside.
With all the drama, the bankruptcies, the bailouts, and of course, the realistic possibility the U.S. economy could …