Am I calculating this right?


so stocks are down and I want to buy the dip so I just want to make sure im doing this right. I bought 4 stocks at $37 and now the price of the stock is down to $31 and I want to buy 1 more. In the future, if the stock sores to $90 how do I calculate the profit, since I bough the dip? Here's what I did…. $37 *4=148 and $90*4= $360. $360-$148=$212, but I also bought 1 stock at $31, so $90-$31=$59, so the total profit i'd make is $271, correct? thanks i'm a newbie


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