pekss
2022-09-17

To me, sell low hurts more than buy high. In fact, it is not unusual for the stock price to drop further after I have bought.

If it is a fundamentally strong company with growth potential suffering from temporary setback or poor market sentiments, I would gladly take the opportunity to accumulate more shares as the price falls.

I seldom buy all the shares I want of a company at one go, as I prefer to split my purchases into tranches and dollar-cost average over time, regardless of the stock price movements. Hence, I’ll have to pay more if the stock price rises sharply after my initial order.

I ensure that I have holding power by not going all-in in my investments. Hence, I would not be forced to sell low or liquidate my holdings at an unfavourable price. My holding period is forever for good companies, unless the company’s fundamentals have turned for worse and it is no longer worth holding for the long-term.

@MillionaireTiger@TigerWire@TigerStars@TigerEvents

Buy High vs. Sell Low - Which Hurts More?
Compared to the investing guru, retail investors often make mistakes. Instead of “buy the dip and sell the rip”, average investors often “buy high and sell low”. Do you suffer from the two heart-breaking experiences? Which hurts more for you? Join our topic and post to win hundreds of tiger coins~
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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