RE: The 'average-down' myth16 Jan 2021 21:24
Boy, not sure I agree. Its not quite as straight forward. This very much depends on the fundamentals of the company, wider news, sentiment, how long you plan to hold etc. Averaging down works absolutely fine in some instances. If you for example, do hold to 2022, I am pretty sure you will be in net gain on all your purchases. ATB