I sympathise with you Oasisman. But, for what its worth:
1. You are 6% up rather than 30% - do not consider this as a 24% loss. Big deal, the rest of the market is looking at 20% down. I think you should congratulate yourself on still being above water.
2. You are dealing in $1000 parcels which does not make any sense except long term because your turnaround will cost you 10%. So you should be thinking very long term.
3. Probably too late now, but this mix does not seem well matched to your risk tolerance. I would suggest that this portfolio would suit someone prepared to lose the lot. Or make a pile. Whatever.
4. Do not consider "Averaging down", there is no such thing - if it is cheaper now then you have lost money, buying again will not change that. Would you average up?
5. For now, I would hold tight on all fronts and put these in a drawer somewhere to reduce your stress.
6. You have been very sensible in spreading risk across 14 stocks, but this also means that your research is more time-consuming.
7. Finally, if you cant afford to lose 15K then you might consider a balanced managed fund instead of trading. MFS even...
I wish you and your investments well.
:)
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$63.84 |
Change
-0.070(0.11%) |
Mkt cap ! $12.37B |
Open | High | Low | Value | Volume |
$63.88 | $63.92 | $62.85 | $12.79M | 201.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14 | $63.56 |
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$63.86 | 2974 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1000 | 62.950 |
1 | 1000 | 62.900 |
1 | 470 | 62.700 |
2 | 550 | 62.680 |
Price($) | Vol. | No. |
---|---|---|
63.920 | 929 | 1 |
64.000 | 659 | 5 |
64.100 | 578 | 1 |
64.200 | 705 | 1 |
64.400 | 141 | 1 |
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