facebookCan I average up when my stock up at 100% it forms 40% of my portfolio and keeping my average cost at intrinsic value? - Seedly

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Anonymous

25 Feb 2021

SeedlyTV

Can I average up when my stock up at 100% it forms 40% of my portfolio and keeping my average cost at intrinsic value?

I still have conviction in these stocks.

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Discussion (1)

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If u buy a stock at $10 ,up 100% ,u will have $20.
Then you buy at $20 , now avg $15.

When the price x2 again.
U will have $15x2qty x 2 =$60

But if u dont buy
U will have $20 x1qtyx2= $40

So just buy.

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