I’m currently wrestling with a dilemma. Two significant positions in my portfolio have dipped by 15%. These are solid companies that I intend to hold for the long term. However, I’ve reached my allocation limit for them in my portfolio, so I can’t increase my holdings. I’m curious, how do you handle such situations? Do you choose to patiently wait it out, or do you consider adding more & averaging down even when the stock has already reached its allocated percentage in your portfolio?
You’ve reached your allocated percentage. That’s what makes it a portfolio and not a casino. I suggest waiting patiently.
Quote “Don’t time the market”
If the stock’s price only dipped by 1.5%, would you add money into it? If not, I’d suggest to wait and think again.
