Saint Petersburg, Russia - 29 March 2020: Manulife Financial business company logo visible on screen. Corporation website page close-up, Illustrative Editorial.

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

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