Quote:
Originally Posted by Beppington
I don't pay attention to the change in dollars for single investments. Rather, I consider the percentage change in relation to my target allocation, & then allocate new money into the laggards. No matter how bad they perform, I don't think I can consistently do better in anything else, so I won't be changing plans.
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Are you talking just about mutual funds? I certainly wouldn't advise following that plan with individual stocks as you may be pouring money into a bottomless pit. Even with mutual funds, there have been funds that have folded over the years so you still need to have some caution and make sure the NAV isn't dropping for some reason that would make you want to get out.
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Steve
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