Author: Ben Carlson
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A reader asks:
Ben, you’ve shown time and again that owning the market is a better strategy than picking individual names; however, for people who enjoy the market and want to have some fun on Robinhood, what advice do you have for someone who has found themselves down 25% and 34% in their two biggest holdings and they just keep averaging down, but they can’t ever seem to find the bottom? Historically, do most sto…
Ben, you’ve shown time and again that owning the market is a better strategy than picking individual names; however, for people who enjoy the market and want to have some fun on Robinhood, what advice do you have for someone who has found themselves down 25% and 34% in their two biggest holdings and they just keep averaging down, but they can’t ever seem to find the bottom? Historically, do most sto…