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Online Share Trading

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This seems to be a good time to average prices

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CHATTYCHAT
Super Contributor
It remains a challenge to throw cash at shares while being scared off by the plummeting prices of late. BUT: from a long term perspective (non trader) me thinks the state of affairs allows for buying where the market fell below one's cost - that is to say, blue chip shares should be targeted. Any basket usually contains a bad apple, so averaging on those should be avoided. Or are we to see worse than yesterday?
1 REPLY 1
Rams
Super Contributor
long term investing is the least painful, or i think the most rewarding. I have valautions and price targets, then just wait, i almost always get my price. Sometimes it goes lower(like BIL when i bought at between 200-220), but i never average down, i just move on, until the next set of results.