Quote:
Originally Posted by toy71camaro
Just curious. from what i can tell, its just another "aid" to help decide when to pull the cord on a stock based on its current price vs its average price (ie. is the stock on sale today or overpriced).
Not a bad idea if you've got your eye on multiple stocks and waiting for the funds to purchase them. Like i am. 1k at a time. It might persuade someone a little bit to buy X stock this time around vs Y stock as its historically 10% cheaper than it averages... or something along those lines anyway. lol
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I agree on the "aid" part. Investing is "whatever" works for you to make you make a decision and helps you find good stuff -- or helps you refer to why you bought what you did. I just don't need much reference to buy stuff like Coke and McDonalds and Phillip Morse and Kimberly Clark... if you get my point.