This week’s special question asked AAII members how the recent volatility has influenced their willingness to buy stocks. About 44% of respondents said they are either looking to buy, are more willing to buy or have bought. Another 19% said they are anticipating a bigger drop, looking for confirmation of a bottom or are sitting on the sidelines. Roughly 9% said the volatility hasn’t altered their willingness to buy stocks, with many of these respondents saying that they follow long-term strategies. Less than 4% of respondents said they have sold stocks in response to the volatility.
Here is a sampling of the responses:
- “I have bought some stocks and may buy more.”
- “I purchased a stock on my ‘shopping list’ because blood appeared on the street.”
- “Accelerated my efforts to find quality stocks to purchase now that they are ‘on sale.’”
- “I am waiting for better prices on the stocks I have been monitoring.”
- “Waiting for the official correction to buy more stocks.”
- “I wish I had more cash to buy stocks.”