jvi

Amazon, Apple, Google: Buying on the Way Down

I've been doing the same thing, averaging down. True, it's better for those of us with a bit more time on our side, but it's a better strategy than trying to time the market perfectly with one enormous buy at the bottom.

And remember, if you wait too long, you can miss the opportunity. You can never know if it's THE bottom until after an extended rally. And the way things have been, I would not be surprised in the least if "the" rally we're all waiting for takes everyone by surprise and climbs at a record setting pace. If that happens, you can easily miss the boat on the bargains.