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Why Dollar Cost Averaging is Not Working On China’s Stocks?
By Wealthdojo  •  August 28, 2021
Why Dollar Cost Averaging is Not Working On China’s Stocks… yet. The last 2 weeks was a bumpy one for China’s stocks. Technology companies ranging from AlibabaTencentDidi and all the way to the educational sector pretty much spooked investors all over the world. There was massive selling and it seemed to have paused after JD reported good earnings. Some of these company’s valuation are getting attractive once again as prices corrected in the last 2 weeks. This wasn’t music to the ears for those that are already invested. On the ground, I heard of many investors who took this opportunity to average down (buying at lower prices to lower the average prices). However, some investors seemed to have cracked under pressure and started asking why dollar cost averaging is not working. Today, this article seeks to explain why dollar cost averaging is not working on China’s stocks… yet.
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By Wealthdojo
He used to shy away from crowds and presentations because he was always afraid of making mistakes on stage, saying the wrong thing and boring the audience. Until one day, one of his friends said this that changed his entire life.”Thanks for your sharing last week
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