Can you post the definition to "Averaging Down" ? I often set myself up so that I gradually get into positions by, say, starting with a postion in a stock that is 2-3% of the portfolio and work my way up to 5%. If one does this and tries to make the second, third, etc. purchases on dips does this mean you are averaging down or simply staging entry?
I always understood averaging down to be defined as taking full portfolio position and then buying more if the stock goes down meaning if it returned to the original purchase cost it would now be more than 5%.
This is probably a confusing note, but I think there is confusion on the meaning of this term.
Q: I hold 500 shares of Algonquin bought at approx $4.20 in 2009. I am looking for something similar and wondered if I should look at BEP, or rather than that at BIP. Thanks in advance and as a newcomer I am enjoying your site.
GLH
Q: ACQ
ACQ new financing and insider selling looks similar to the recent CFN insider selling. Does that mean ACQ is at a peak and overvalued, and can go into the decline that CFN has been suffering in the last 2 months.
Q: Hello. New member here !
I bought WXM (First Asset Morningstar Canada Momentum Index ETF) last week. Good or bad idea ?
NAV is small; is it a problem for an ETF that hold 30 widely held canadian stocks ?
Q: On April 8th, I bought Just Energy (JE) for $6.93/share. At the time I thought the purchase was (iffy) but did so on the basis that 5 insiders had bought a total o 118,272 shares at prices ranging between $6.78 t0 $8.49 during February and March. I am down on my investment and do you think I should sell or hold on? Thanks, Bill
Q: I seem to recall that you covered Mart resources (MMT) in your early days but I don't see it listed on your most recent spreadsheet. Do you have a current opinion? The dividend is high and I wonder if you think it is especially risky.