How do you handle rough performance?

[cannew]

(06-08-2015, 10:56 AM)Russellhantz Wrote: Hi Guys,

I'm wondering how do you cope with blotchy rough performance? I started my portfolio at the beginning of the year and a bunch a handful of the stocks have dropped 10%+ and my portfolio as a whole has dropped around 3-5% on 50,000.

From your experience how do you handle these situations? These are all decent companies, PG, CNR, etc. so i'm not disappointed in my choices.

Do you guys search for money to buy more to average down? Ride it out?
And what is the lesson to learn here? That I bought at the wrong time?

Thanks in advance.

As most have suggested, if you researched your purchases and felt they were good long term buys, then you should not feel too badly that you didn't get to buy them at the lower prices. However, if your goal is long term income than adding to your positions will help you achieve that goal.

If you can lower your average cost, your long term returns and income will increase dramatically.