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+--- Thread: doubling down on your favorite stock if it's again hitting a low? (/showthread.php?tid=123575)
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doubling down on your favorite stock if it's again hitting a low? - mrbigstuff - 09-13-2011
bought some stock at X and saw it increase to X+80% and now it's back to X. I'm tempted as I have the cash on hand at the moment, and I'm reasonably confident that it will increase over time given it's historically low price and good P/E... but... hmm.
Re: doubling down on your favorite stock if it's again hitting a low? - mattkime - 09-13-2011
as long as it fit into your long term financial plan.
you have one of those, right?
Re: doubling down on your favorite stock if it's again hitting a low? - Paul F. - 09-13-2011
DOUBLE down? Probably not...
But would I add to my position? Quite possibly.
Re: doubling down on your favorite stock if it's again hitting a low? - mrbigstuff - 09-13-2011
mattkime wrote:
as long as it fit into your long term financial plan.
you have one of those, right?
yes, the stock market is going to fund my retirement.
Re: doubling down on your favorite stock if it's again hitting a low? - mattkime - 09-13-2011
mrbigstuff wrote:
[quote=mattkime]
as long as it fit into your long term financial plan.
you have one of those, right?
yes, the stock market is going to fund my retirement.
thats not a plan, thats a lottery ticket!
Re: doubling down on your favorite stock if it's again hitting a low? - OWC Jamie - 09-13-2011
as soon as aapl makes it to 328 again ....
Re: doubling down on your favorite stock if it's again hitting a low? - Paul F. - 09-13-2011
mattkime wrote:
[quote=mrbigstuff]
[quote=mattkime]
as long as it fit into your long term financial plan.
you have one of those, right?
yes, the stock market is going to fund my retirement.
thats not a plan, thats a lottery ticket!
No more of a gamble than Social Security....
Re: doubling down on your favorite stock if it's again hitting a low? - mattkime - 09-13-2011
Paul F. wrote:
[quote=mattkime]
[quote=mrbigstuff]
[quote=mattkime]
as long as it fit into your long term financial plan.
you have one of those, right?
yes, the stock market is going to fund my retirement.
thats not a plan, thats a lottery ticket!
No more of a gamble than Social Security....
Re: doubling down on your favorite stock if it's again hitting a low? - ztirffritz - 09-13-2011
Paul F. wrote: No more of a gamble than Social Security....
The only uncertainty surrounding Social Security is when I can collect and how much. I'm betting on 88¢/month when I turn 97.
Re: doubling down on your favorite stock if it's again hitting a low? - Numo - 09-13-2011
ztirffritz wrote:
[quote=Paul F.]No more of a gamble than Social Security....
The only uncertainty surrounding Social Security is when I can collect and how much. I'm betting on 88¢/month when I turn 97.
Cheer up! Maybe you won't live that long. :biggrin: