Thursday 19 March 2020

Averaging down progress




Continuing to average down in 5% increments. The next leg down will be $2.24. At that point, in order to keep the dollar value of the purchase above $9k, I'll have to start buying 5,000 shares per trade instead of the current 4,000.

At the same time, I have been loading up on other ETFs such as VUKE and VDPX. Will be topping up other ETF holdings this week as well. REITs prices have really collapsed but most of them are still higher than their GFC lows. The stronger REITs have the potential to be multibaggers if bought at the correct time.

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