Nah Scott ,averaging down is a game for fools and is normally...

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    Nah Scott ,averaging down is a game for fools and is normally the final nail in one’s portfolio. You're better than that. It’s also a form of denying that you simply made a mistake in the first place. But by sinking more funds into a bad mistake is a disastrous tactic.
    Why not consider putting those extra funds into something that’s going up and in a buoyant sector? Make some bank along the way and if this thing ever gets its second wind then you’ll be able to recover some of your comatose funds.

    worth a read
    https://tacticalinvestor.com/averaging-down-on-stocks-the-good-bad-and-ugly/

    Cheers.
 
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