DIARY OF A PRIVATE INVESTOR
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How to handle an underperforming portfolio

    • It can be tempting to do dollar-cost averaging for a portfolio that is a tad under the weather.  But we may only be throwing good money after bad in the hope that our average losses will look better.
    • It can be tempting to do dollar-cost averaging for a portfolio that is a tad under the weather. But we may only be throwing good money after bad in the hope that our average losses will look better. PHOTO: PIXABAY
    Published Tue, Apr 16, 2024 · 04:32 PM

    I WONDER how many of us can tell the difference between problem solving and firefighting.

    Here’s a quick clue: If we find that we are regularly returning to jobs that we thought were completed only to have to redo them, over and over again, then perhaps we are firefighting.

    This is because problems or jobs that we have mistakenly thought that we had tackled adequately were most probably not resolved properly the first time around. We most likely only did a quick patch-up job in the hope that the issue would somehow just go away. It often doesn’t.

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