Be patient with the other, i can guess what it is. Averaging down or up is a reasonable strategy in the context of an overall portfolio. As @Mozzarc said, if you have some discretionary dollars then putting a few into a long term growth company can keep you in the rise.
CSL had a handful of pullbacks over many years and afterwards they just look like blips. I never invested in it because i thought others would be smart enough to copy their marketing and investment strategy, and no one did. Right now they are doing it again, but i am happy with PAR and stuck waiting on the other, and the other others pay dividends i can use. So long as you have a strategy and an open mind to rethink that you should do fine.
One thing i would recommend is find the Magellan 2019 review which has a section towards the end on avoiding cognitive bias.
Be patient with the other, i can guess what it is. Averaging...
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $82.20M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 25.0¢ | 23.0¢ | $101.6K | 424.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 144266 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 18540 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PAR (ASX) Chart |