Can’t Resist Manulife
When I see a stock go down, I just want to buy more.
It’s probably not great in this environment to be like this. Because the markets have been down 4 days out of every 5, lately, and so every time I log into my account, I see a lower price.
Should I “dollar cost average” and buy more at the lower price? And the next day, what if it’s down another $1? Should I buy more?
So I just bought some more Manulife today. Doubled my position.
I wanted to on Friday, but my limit order didn’t get filled. This was good because the stock is lower today, and I got some at a lower price.
I’m currently about 26% invested in the market and 74% invested in cash and cash equivalents… So still not “exposed” in any hurtful way.
But I’ve lost “a lot” of money since I started this blog because the market keeps going down. I should have waited a month! lol