03-11-2020, 05:09 PM
Nibbled again on SBUX.
For disclosure I originally bought at around $50 so am still sitting on gains.
Before the correction I had £13,000 ready to invest and add to positions. Now I have £10,000 after nibbling, I'm thinking I got a bit too itchy but who can predict movements ey?
Anyway my question for everyone here - at what level is everyone planning to heavily buy? For me, another 10% move downwards I would invest a further £3,000.
10% after that another £4,000 with another £3,000 waiting if things get real bad.
That would then be a 40% drop in the market at that point.
I was just 16 in 2008 so have no memories of how bad things got and was looking for perspectives from people who invested through it
For disclosure I originally bought at around $50 so am still sitting on gains.
Before the correction I had £13,000 ready to invest and add to positions. Now I have £10,000 after nibbling, I'm thinking I got a bit too itchy but who can predict movements ey?
Anyway my question for everyone here - at what level is everyone planning to heavily buy? For me, another 10% move downwards I would invest a further £3,000.
10% after that another £4,000 with another £3,000 waiting if things get real bad.
That would then be a 40% drop in the market at that point.
I was just 16 in 2008 so have no memories of how bad things got and was looking for perspectives from people who invested through it