The hardest thing to do in managing investments is buying as prices drop!
With each purchase on successive decreases, the total loss or decrease in value gets larger and larger. It can be a painful time.
We question ourselves since our gut says "NO", but we know, educationally, it can very likely be the smartest move we can make. The challenge is that there isn’t immediate feedback. Only “on the back 9” is the score available!
Now, I'm not talking about buying just because a stock price is down. The key is buying investments that fundamental analysis, from both a qualitative and quantitative viewpoints, has been thoroughly completed and reviewed. And... you are willing to wait till sanity comes back to the horde.
Hey! If my kid, gets thrown out with the bathwater, I'm definitely scooping them up!
