I finally pumped in more money to buy stocks in a move to lower the average cost per stock of my portfolio. Is this a wise move? Honestly, I don’t know.

I have managed to lower the cost per share from RM0.905 to RM0.639. However, I could be spending good money to chase bad money. What’s there to ensure that the stocks won’t go down further?

Therefore I think that we should not dollar average for the sake of lowering the cost per unit. Instead, everytime we buy stocks, we should shop around and see which stocks is giving the best potential returns at that time. Oh well, I learn something new everyday.