S.Mutaga III wrote:wilyum wrote:headed back down,let it touch 14 and i reload.
i have always said that am a very patient man...am waiting for 14 too to average down.
Hope you will get there, but people who set specific price targets rarely have their way.
KCB touched 14.80 this year but people were saying they were waiting for 12. That didn't happen but anyone who bought between 14.8 and 20 made good money.
If a stock is selling at a discounted price it is much better to set a range for buying IMO.
Fair price of HF IMO is 27. My target for capital gains is 50% so i can buy at any price below 18.
So far my buys have been between 13.25 and 15.25 so in a way i achieve the same objective without timing the market.
Life is short. Live passionately.