2Semana
When I bought more a few months ago, I was told it was too early. That turned out to be the case, and I'm afraid it's the same for you today. But I'm keeping my fingers crossed that your investment pays off 👍
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2Semana
@Schochi Did you hold onto them or sell them again already? “Too soon” is relative when it comes to how long I hold onto them.
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2Semana
@MrKurt89 I'm still holding onto them and also see them as a long-term investment, though I've been in this for a long time and have only lowered my average cost by buying more shares.
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18H
@Schochi For me, today at €17.60 was a day to “lower the entry price,” but I’m afraid that’s not the end of it and there will be more days like this. Still, the baby boomers swear by their “concrete gold,” and people will have to keep getting used to it—and the trend is toward renting.
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•@Droid I'm keeping my fingers crossed for you. What surprises me, though, is that you're expecting prices to keep falling but are still buying more 😉 At this point, buying more would be too risky for me—I'm still waiting it out. My average cost is 30 euros, so I definitely still have a long way to go 😂
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@Schochi The value investor knows that buying in at low prices is crucial. I can understand his decision. And if the price (hopefully) drops later, you simply buy more. If it rises, you simply have a rising stock in your portfolio. And if the price doesn’t move at all, you simply collect and reinvest the dividends. Time is the greatest lever.
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@MrKurt89 I'm with you on that 👍
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The actual additional purchase wasn't large—just 7 more shares. Mainly, I lowered my average cost for tax and accounting purposes by selling the old shares first and then buying the original number plus 7 more shares at a lower price. If prices continue to fall, I might repeat this strategy and further increase my loss reserve.
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