Anyone who says they successfully pick the top or bottom of a...

Anyone who says they successfully pick the top or bottom of a share price decline or rise is either lucky or a liar!

I like to make an initial, moderate sized (for me) purchase of a new stock, then anticipate it will fall further. Every 5-7 or so percent I make another *small* purchase. I've been doing this for a while with a large cap mining stock. No big bets. If there's a big price jump at least I haven't fully missed the boat. If the situation gets worse I see it as a positive because I'm nowhere near my planned maximum portfolio weighting.

I took this picture a few months ago and have bought more since this year. It's not BRI....

I try to capture some of the price fall over a period of months. I was buying into REITs, healthcare and this particular mining company all last year on pullbacks

Obviously not financial advice. This is just what I do. It makes me feel more in control of the situation than I probably am!!! Not a recommendation to buy BRI either. It's about 0.8% of my portfolio and my average price is $2.31. I'm very close to buying another small parcel and getting my average price under $2.00 without being anywhere near overexposed. I was burnt in 2008 and am probably too cautious now for my own good.

Good luck mate