Quote:
Originally Posted by toy71camaro
Hmmm....
With the market down like it is... Im now debating if I purchase more stock of what I have, while its on sale (CVX -10.5%, MCD -4.9%) or continue on to buy two new ones i had planned for soon (T, KO or KMB)...
Decisions, decisions...
By the way, Sorry Greg about the FB IPO. It didnt shoot to the moon like "they all said it would"... lol. But, at least it didnt go belly up either.  |
CVX down 10% would be okay -- I wouldn't average down on MCD it's not down enough.
Buying any time the market is down is good. You'll never catch the bottom - and will almost ALWAYS kick yourself for buying when you did. As far as I'm concerned -- there's almost never a right time to have bought UNTIL a couple years go by and you're up 25% and then you're thinking you're pretty dang smart to have paid such a high price.