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Average Down or Average Up. Know Your Maths!
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  September 10, 2011
Read? Bear market is here. Let's accumulate more by average down? (2) Before you decide to average down or average up, know your Maths. It is simple mathematics on risks. Assuming you have 2-3 batches of $10K each to average down or average up. When you average up, with the $10K per batch purchase you will be buying less and less quantity of stocks on the way up... ...
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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