Just discovered you and signed up my email and looking forward to read more from you.
I have a question, though. I'm a beginner investor with the goal of having my dividends to support my lifestyle by the time I retire (which, according to past ages of retirement every year in my country, will be at 70 yo in 40 years time). Coincidentally, I'm now 30 yo and will retire at 70 in 40 years.
Now to the question: you mentioned "I let my winners run and add to them where I can. " I struggle at adding to my positions that are already running, due to that leading to higher average cost, even when I really really like them. Is there some mantra or tip that could help me get over that issue?
Thanks a lot, looking forward to read a lot more from you ;)
Hi Wolf ;)
Just discovered you and signed up my email and looking forward to read more from you.
I have a question, though. I'm a beginner investor with the goal of having my dividends to support my lifestyle by the time I retire (which, according to past ages of retirement every year in my country, will be at 70 yo in 40 years time). Coincidentally, I'm now 30 yo and will retire at 70 in 40 years.
Now to the question: you mentioned "I let my winners run and add to them where I can. " I struggle at adding to my positions that are already running, due to that leading to higher average cost, even when I really really like them. Is there some mantra or tip that could help me get over that issue?
Thanks a lot, looking forward to read a lot more from you ;)
DV