I've got an issue… I've ran out of money to buy dips.
I need some cash to continue buying, and unfortunately I'm unable to fund it right now due to being recently unemployed so my only option is to take a cut from my Index Fund to fund my account so that I will have capital to buy the dips.
Most of my money is invested in my Global Shares Index Fund, the rest is split/diversified between 10 different companies in different market sectors and a few others.
I realize it's really not ideal taking money from a safe Index Fund and putting it into companies that are dropping like a stone, but I'm wanting to average down so my losses aren't as severe and so that it takes less time to recover.
As for being currently unemployed after moving to a different city, well that's a big issue… but I do have savings that are keeping me going for the time being until I find another job. I won't use those savings on my shares account, that wouldn't be wise, and I refuse to do that so the alternative is to sell some shares from my Index Fund.
Any advice would be greatly appreciated, thanks!
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