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Dollar cost averaging is a great strategy (as long as you are...

  1. scottm
    2,150 Posts.
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    30/12/19
    20:33
    Post #: 42169028
    Dollar cost averaging is a great strategy (as long as you are confident in the stock). I've done it for 10 years and bought it nearly 50 times. My average is now under 4. If I waited until getting my original price, I've got a long way to get to 17c. So two scenarios.

    1. Only buy once and hope to get my money back at 17c OR 2. Invest along the way and make a very good profit when it gets back to 17c (or 300%).
    SEI Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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