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Stocks are down a lot of right now and will go back up when ...

Stocks are down a lot of right now and will go back up when the economy is better. Does that mean we should just buy high-growth tech stocks

My quick thoughts on the subject:

BalloonStocks are down due to recession headlines and higher interest rates

BalloonEventually stocks should go back up when the economy gets better

BalloonSince high-growth tech stocks are the ones that are getting hit the hardest in this bear market, that means they'll also gain the most when the market recovers.

BalloonI think I'll get higher returns if I get these high-growth tech stocks at a lower price, be patient for them to recover, and they'll give larger returns compared to other investments $SPDR S&P 500 ETF(SPY.US)$ $S&P 500 Index(.SPX.US)$ $Invesco QQQ Trust(QQQ.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$ $Tesla(TSLA.US)$ $Apple(AAPL.US)$
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  • bwjx : Depends on your risk appetite and investment horizon. Just because it went down 70 to 80% means it is the bottom, it can go another leg lower. Trick You would also want to buy companies that have strong moat and able to survive a downturn and not companies that talks big but don't deliver results or have bad management practices as they will never recover.

  • Aurelian : probably a good day to add to shorts.

  • moom livesOP Aurelian: I feel the optimism

  • moom livesOP bwjx: Thank you for explainingLaugh

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