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Alias Born | 03/12/2012 |
Friday, July 10, 2020 8:46:21 AM
A comment on dollar cost averaging if I may. To a small point, that strategy has its place, to be sure. More often then not, though, it's used as a rationalization for making poor decisions.
I would rather, sell of a perentage of the position at current prices , then put the proceeds into a buy order at some worthwhile lower price than to watch my position dry up like an abandoned piece of fruit .
I feel bbrw does have some potential so I am positioning myself accordingly, but I'll be gone in a heartbeat if worstcase scenario comes into play.
Spock..... don't you just love a good Reuben sandwich? Good luck, kids .
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