Get Ready To 'Buy The Dip' | Lance Roberts

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**Lance Roberts** (1:00)
So, the market's overbought. This is what we've been talking about a little bit. You know, take some profits here, rebalance risk, be patient. We're going to get a better entry point here somewhere. Could be between, you know, 5600 and 5800, somewhere in there, depending on where the market pulls back to at some point. But the market's going to have some correction. What it will probably be is the fact that we lose corporate buybacks in about two weeks. And so, the market's going to pull back because of a loss of buying power. And we're already seeing that money flow slow down right now. So, we're setting up for a little bit of a dip here that you'll want to buy it. You'll definitely want to buy the dip.

**Adam Taggart** (1:40)
Welcome to Thoughtful Money. I'm Thoughtful Money Founder and your host, Adam Taggart, welcoming you back here at the end of another week for another weekly market recap featuring the portfolio manager with the Kung Fu Grip, Lance Roberts.

**Lance Roberts** (1:52)
Hey, I actually had the GI Joe with the Kung Fu Grip when I was growing up, back when they had the, it was the 12-inch doll. And I had like the, oh, I had the helicopter and the mobile command center. I had all that stuff. Sold it all in a garage sale for like a quarter a piece. You know what that stuff is worth today? It is absolutely amazing.

**Adam Taggart** (2:16)
I got an even worse story for you. So my friends had that GI Joe, it came in like a wooden box with a bunch of guns and ammo and ropes, and I mean, all sorts of stuff, right? Yeah. You had the felt beard, if you remember? Yes. So we played with it when we were little kids, and then when we were like delinquent adolescents, we discovered gasoline, and I have a very vivid memory of burning the GI Joe toy alive. And then 15 years later, when eBay came around and we noticed what you could sell it for, we're like, oh my gosh.

**Lance Roberts** (2:53)
You're talking about burning money, right? Exactly. We did the same things.
We played with them when we were little, right? We played with them like normal people. But yeah, to your point, when we got into teenage, it was, oh look, we can take GI Joe and we could combine it with fireworks, and let's have a real war.

**Adam Taggart** (3:14)
I did the same thing with all my original Star Wars action figures. It's PTSD thinking about it now.

**Lance Roberts** (3:21)
Exactly. The stuff we did growing up is amazing that we're still alive today with ten fingers.

**Adam Taggart** (3:26)
I know. I hope I still have ten. Yeah, it's funny.
You made a Kung Fu grip reference a few weeks ago when we were talking about the Rockum Sockum robots, and those robots got so much love on this channel. There is a real nostalgia for those toys, and it is really true. I mean, they just don't make toys the way they used to that engage kids the way they used to. And I know this because, well, actually, if we get to the rant this week, I'll talk about the trip I took to Wisconsin to visit my younger brother, who's got three young boys. And because we had talked about Rockum Sockum Robots, I actually bought that for the boys. And so I got there, and we set it up, and we spent the whole weekend, basically, clicking the little controllers to try to knock each other's blocks off. And these are young boys, and my brother and his wife do a pretty good job of not letting them grow up too immersed digitally, but they've got competition for their attention, from all those digital things. And they just love this old school toy, this analog, no batteries toy. Like it was all they wanted to do all weekend long. It was actually really fun.