Monday, October 21, 2013

Rupee Averaging in Stock Market

i have always read not to average your holding if the prices falls. but have kept on doing it in the hope that when the prices do raise again i will sell off and not make a loss. well till now this has not happened (opto circuit). call it anything you want :throwing good money behind bad is what come to my mind.
what will make my mind relate this is a statement i read in last night surf. it followed corporate scenario of an acquisition. when this acquisition turns out be a dud, the holding company throws more money compounding the problem without releasing that the original investment was flawed. part ego part greed
case example: tata acquisition of coros

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