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25-10-2019, 11:25 AM
On whether its time to sell... even though its doubled since a year back, this is not an indication of when I sell my holdings.
My strategy for investing is actually to average up when the growth follows through. This might be hard to swallow for most investors as that's always not the suggested strategy but that's what I would do. But i must maintain that the shares must be still undervalued from my perspective at that point of time! It did work really well once, but that does not happen all the time so just beware. I do find the psychological advantage of holding shares at a lower entry from prior purchases helpful.
My strategy for investing is actually to average up when the growth follows through. This might be hard to swallow for most investors as that's always not the suggested strategy but that's what I would do. But i must maintain that the shares must be still undervalued from my perspective at that point of time! It did work really well once, but that does not happen all the time so just beware. I do find the psychological advantage of holding shares at a lower entry from prior purchases helpful.
Please do your own due diligence. Any reliance on my posts is at your own risk.