While everyone is waiting to see if Sell in May pans out, it comes a point where you have to ask yourself if cheap is cheap enough.
Today, I had a flash moment of doubt before buying a stock as well.
I wanted to buy at today’s price , but then i saw the most recent low in November 2020, and had a moment of concern. Am I buying at the cheapest??
Thankfully, it was just a brief moment.
Because …. I know the price that I want to buy at, and will buy more at the next price level. Ultimately, we never know how low prices will go, as long as we buy it at the price we want.