SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : John Dessauer's Investors World
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: polarisnh who wrote (1726)10/21/1998 2:07:00 PM
From: carl a. mehr  Read Replies (1) of 2346
 
Steve,

A word of wisdom from the Humble One:

Dollar cost averaging does not work for a stock that has a long term trend of going lower.

It may work for a year or two, due to the ripple effect that most stocks display. So if that is the nature of the stock you own, get out in time! Will it work for the 'dog' that I own called WDC? My average price is 12.5.

I made good money on AMD by averaging down. Jumped off in the middle of 95 with a 50% gain in a year or so. Had I stayed, I would have a 50% loss today.
Rgds
humble carl
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News