In an likely extended bear market like the one we are currently experiencing, is it more profitable to buy the dip (ie growth and tech stocks) or buy consumer goods stocks and other safe choices that will do well through the recession? I will be holding long term for 20+ years (but rebalance and reallocate as necessary).
This past couple months I have loaded up on $200 Meta shares, $90 Babas, and $82 Pypls.. as I started investing during the covid flash crash and saw how fast stuff recovered. In a shit hole like this, should I have instead bought Costco and BRK B?
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