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Do NOT double down on a stock

Discussion in 'TIFU' started by JerryM, Apr 26, 2016.

  1. ApexC

    ApexC Active Member

    Nov 22, 2017
    Likes Received:

    I think we have all made that mistake. There is no such thing as a bad stock, just bad times to buy. When I buy a stock for the purpose of collecting dividends as long as dividend does not go down my yield does not go down. The price is irreverent unless I want to buy or sell.
    Onepoint272 likes this.
  2. fireopal

    fireopal Well-Known Member

    Apr 18, 2016
    Likes Received:
    great thread!! have a couple huge bags in my closet but not from dividend stocks - are from doubling/averaging on regular stocks & every time i think about doing it again, i always see those bags that i will probably be taking to my grave with me sitting there as reminders which has kept me from doing it again (so far).
  3. TomB16

    TomB16 Active Member

    Jun 22, 2018
    Likes Received:
    This is a thread for traders, which it sounds like everyone here is.

    For an investor who likes the company and the people running it, and wants to own the company, a falling market cap is a buy opportunity if they have money and irrelevant if they don't.
  4. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Apr 2, 2016
    Likes Received:
    @JerryM is actually typically a long-term investor like yourself ;) We'll see if he can have a conversation with you.

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