Totally agree with lani62,
I reiterate the advice given to me a long time ago
"Only gamble what you can afford to lose".
And add this other gem :
You only lose money if you sell. Paper loses are recoverable if you have a strategy. Now seems a perfect time to help your averages. This is of course IMHO and every one must choose what is right for them.
I feel averaging down is only a good idea when the holder believes there is a good chance the SP will rise from current lows. I am in the group who firmly believes this is the case.
Oh, and just so you know, I may be surprised by the level of other peoples losses, but I have no joy seeing it happen to them.
Good luck to all.
Bell
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Totally agree with lani62,I reiterate the advice given to me a...
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