RMD 0.73% $35.18 resmed inc

Just had my order filled at $23.50my guts are churning because I...

  1. 397 Posts.
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    Just had my order filled at $23.50

    my guts are churning because I don't like the idea of catching a falling knife. But when I think about it, most stocks I buy, I've bought because they've been slammed at some point (DDR, BRG, CCP, ALU, LOV, CSL) and each one has had good uplift from their most recent lows. I've come to realise that I'm a contrarian investor. But I'll only take my contrarian attitude to what I perceive to be good companies. Other than that, I'm just guessing. I'm just a mug playing a mugs game. If I wasn't backing up the truck on RMD today, I would've just bought IXJ.

    It isn't easy when those "52 week lows" keep coming through. Got my allocation in RMD. It's now 4% of my portfolio. I'm tapping out and not looking anymore.
 
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