This Might be the Biggest Lie in Investing--Don't Fall for It

Posted On Jun 29, 2015 By Greg Guenthner

Averaging down is throwing good money after bad. It’s usually a sucker’s bet. Instead of improving your situation you’re tying up even more money on a losing investment. Using our example, your stock would still need to rise 50% to bring you back to breakeven. The starting line. And that’s after you’ve already doubled-down on your investment.


Subscribe to Rude Awakening PRO Today!

The Rude Awakening is your best source for the up-to-the-minute market commentary. Every day weekday morning, the Rude is there to guide you toward the most profitable, powerful trends on the market. It allows you the rare opportunity to view the market through the lens of a trained trader and apply that knowledge to your own personal investing strategies. In the new PRO edition of the Rude Awakening, you get all of the hard-hitting commentary coupled with daily actionable investment ideas.

Subscribe Today!