The markets have dropped about 40% since I made most of my initial investments. Think its a good idea to double up my investments now to cut my Dollar-Cost Average in half almost?
With the prices so low I feel like I shouldn’t miss this opportunity. Or am I just being greedy and should put my money somewhere safer?
V, NVDA, AAPL are my current holdings.
November 3rd, 2008 at 1:26 pm
There is no simple answer to this question. You should reevaluate your selections; if nothing has changes in your valuation of these stocks then technically speaking you still should like them and they are now 40% cheaper.
In this case, things have changed, for example future earning of these firms have been revised down so take this into consideration before making a decision.
November 3rd, 2008 at 1:53 pm
I still like them, and they are 40% below, which makes the more appealing.
Cash is king now right? and these company’s have a lot of money in cash.
November 6th, 2008 at 9:25 am
Well, I just doubled up my investments, and I’m happy about it.
Lets just hope from here its an upward trend in general.
November 14th, 2008 at 1:03 pm
Hey, are you guys over here all still bullish?!? I remember quite a while back you had some guy you labeled as too ‘Gloom and Doom’ and you kept telling us to buy buy buy.
Hmmm, I wonder, maybe you were Predicting and he was Explaining?
November 20th, 2008 at 9:34 am
With the prices so low, it makes for a great buying opportunity in a retirement account.
What’s your plan? Are you still waiting to buy in and sitting on cash?
Where are you storing your money? Retirement, and savings.
November 20th, 2008 at 9:36 am
CASH
November 20th, 2008 at 9:38 am
Dude, you don’t have any cash
. How long are you going to sit in “cash”?