As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday, 9 February 2010

Why I Don't Average Down?

I only do Average In but not Average Down to control risks.

Average In means I can buy more of the same counter and different counters in the same sector up to X% of the Total Capital (invested + available cash).

Average Down means buying more when it gets cheaper to lower down the average investment holding cost.

This is a huge difference in term of risk management since I don't have stop-loss strategy: http://createwealth8888.blogspot.com/2009/10/portfolio-management-stop-losses.html

Always think of risks and losses before dreaming of your handsome profits as losses can kill.

No comments:

Post a Comment

Related Posts with Thumbnails