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Re: Re: [sharechat] NZSE etc. etc.


From: "David Reid" <aspex@ix.net.nz>
Date: Sat, 29 Jan 2000 16:11:37 +1300


Right! Diversify within a significant number of plays for Techs. And must be a broader market tahn NZ can ever hope to offer in this field. Even Aust. is nowhere big enough.
Also Heresy!-- Average Up. Involves putting a small investment into each and when that rises significantly ADD more to that until it flattens out. With some shares it would have been possible to do that 5 to 8 times.
Similar to averaging down which can be "catching the falling knife". Very dangerous and as bad as sticking with a falling share because you just have too give it a chance to get your investment back.
D

 
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