Wednesday 7 September 2022

Strategy: Sep 2022

 Using IWDA's price as a proxy for MSCI World (i.e. IWDA tracks MSCI World), my strategy was to enter as it dropped below $75 and to average down at $72 and then at $70.

I began at $74.85 last week and now $71.99 today. I also bought VWRD today at $98.88. Given the lack of panic, I am optimistic for a 'higher low' and that IWDA will hold at $70.

In the meantime, I am in buying mode and will continue to buy this week as valuations are more reasonable at these levels.



No comments:

Post a Comment