Please Help: Looking for Average-Down Strategy Suggestions
I've got about 60K to invest in this ETF.
I'm thinking of starting to average down from here. I figure our economy is significanlty more stable than in 2008 so a horrible 50% meltdown from here is unlikely. However, I do think we are going lower from here.
Can someone suggest a capital investment strategy from here. At what pricepoints should I invest what percentage of my capital?
Any serious and well-meaning replies would be appreciated!