Averaging down only works if you’re right, and there’s no version where you’re wrong and it works out
totally agreed. I only do it for my long term SPY investment
I liked your point about having an exit plan. I think that's easy to overlook.
Thanks for the comment, Dino! I’m glad that point got across. That’s the one main takeaway I wanted to share today: have a plan.
totally agreed. I only do it for my long term SPY investment
I liked your point about having an exit plan. I think that's easy to overlook.
Thanks for the comment, Dino! I’m glad that point got across. That’s the one main takeaway I wanted to share today: have a plan.