MFG in the BUY zone, page-286

not here to give financial advice so I will just say what I do

but in situation like this, it’s all about portfolio allocation.

if you think it’s good value but the trend is on the decline, I will allocate no more than 2% to start and progressively build over 6-12 months time.

So a hypothetical portfolio of $100K

i will start with $2000 and then spread out your purchase over 6-12 months cost average with every 5-10% decline.

But keeping a maximum of 10% allocation.

If by the time you reach your 10% and the market is still disagreeing with you.

Take a pause and ask why. If you don’t have an answer but still think your original thesis is sound. Then just park it and go to let it rest.

by keeping with the allocation strategy of 10%. You can afford to be wrong but still have capital available

And go to sleep at night, even if the share price falls another 30%.

It sounds easy in theory but hard in practice, we are humans after all and our emotions usually get the best of us.

I entered at $37 with $10K and purchased my next lot at $34

i will invest another $5k at $30 and so forth until it reaches my 10% mark.

the further it falls the happier I’m - because I know I have ample liquidity available to capture the lower price point should everyone of us is wrong in this forum