The strategy of “averaging down”, as the term implies, involves investing additional amounts in a stock or asset if it declines significantly in price after the original investment is made. It’s true that this action brings down the average cost of the stock. Proponents of the strategy view averaging down as a cost-effective approach to wealth accumulation. With the help of Stocks Calc, you can easily calculate average price per stock before make further investment in a stock.
Averaging down is a viable investment strategy for stocks, mutual funds and exchange-traded funds. However, due care must be exercised in deciding which positions to average down. The strategy is best restricted to blue chips that satisfy stringent selection criteria such as a long-term track record, minimal debt and solid cash flows.
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* Easily calculates average cost per stock.
* Does not saves data.
* Friendly and easy to use.
* Very fast.