Are you buying the dip? What's your strategy?

I am not buying the dip just yet. There are a lot of headwinds ahead for the market. The Fed is expected to continue raising rates until the end of next year. The Fed will be reducing the money supply in the economy, coupled with supply chain issues and the war going on. It doesn't look like we have seen the worse days of this market crash yet.
My strategy has not changed much, except that I may get the opportunity to buy any company I want before this is over. The entire market might go on sale, and I could be able to pick any stock I want. My strategy is to use this time to find my favorite company or two. Determine a margin of safety price to start buying and then wait patiently. I'm sitting on 70% cash in my portfolio right now. I've been in mostly cash for the last 2 years, so when the stock I've picked hits my margin of safety price, I'm going to start buying it big with the plan to go all in.

/r/DecodeInvesting Thread