However in a down market one proved strategy is to buy in the smallest quantities. If you buy a specific company share say TPL today at price x tommorow you may be able to buy at x-1. If so better to average down.
This is how I purchased JKH in a down market twelve years ago.
Date | Company | Mkt price | Quantity | Purchased value | |
5/9/2006 | John Keels Holdings | 129.00 | 500 | 65,419.13 | |
6/9/2006 | John Keels Holdings | 129.50 | 1,000 | 131,343.39 | |
22/01/07 | John Keels Holdings | 218.00 | 100 | 22,186.00 | |
23/01/07 | John Keels Holdings | 205.00 | 100 | 20,792.13 | |
23/01/07 | John Keels Holdings | 205.00 | 100 | 20,792.13 | |
John Keels Holdings | 145 | ||||
24/01/07 | John Keels Holdings | 201.00 | 100 | 20,386.43 | |
26/01/07 | John Keels Holdings | 208.00 | 200 | 42,192.80 | |
26/01/07 | John Keels Holdings | 206.00 | 100 | 20,893.55 | |
20/02/07 | John Keels Holdings | 185.00 | 100 | 18,763.63 | |
20/0207 | John Keels Holdings | 140.00 | 20 | 2,800.00 | |
12/3/2007 | John Keels Holdings | 180.00 | 200 | 36,513.00 | |
16/3/07 | John Keels Holdings | 144.75 | 100 | 14,681.93 | |
16/3/07 | John Keels Holdings | 145.00 | 100 | 14,707.28 | |
26/3/07 | John Keels Holdings | 155.00 | 100 | 15,721.00 | |
30/03/07 | John Keels Holdings | Dividend | |||
18/5/07 | John Keels Holdings | 143.75 | 100 | 14,580.53 | |
4/7/2007 | John Keels Holdings | Dividend | |||
18/7/07 | John Keels Holdings | 129.75 | 100 | 13,161.00 | |
15/8/07 | John Keels Holdings | Bonus Fraction | |||
16/8/07 | John Keels Holdings | 126.00 | 100 | 12,780.77 | |
29/8/07 | John Keels Holdings | 129.00 | 200 | 26,167.65 | |
29/8/07 | John Keels Holdings | 130.00 | 28 | 3,695.78 | |
29/8/07 | John Keels Holdings | 129.25 | 100 | 13,110.30 | |
29/8/07 | John Keels Holdings | 129.25 | 100 | 13,110.30 | |
11/10/2007 | John Keels Holdings | 127.25 | 100 | 12,907.51 | |
11/1/2008 | John Keels Holdings | 121.00 | 100 | 12,273.80 | |
26/2/08 | John Keels Holdings | Dividend | |||
4/21/2008 | John Keels Holdings | 119.00 | 100 | 12,071.00 | |
4/21/2008 | John Keels Holdings | Dividend | |||
4/23/2008 | John Keels Holdings | 118.00 | 1,000 | 119,681.50 | |
6/27/2008 | John Keels Holdings | Dividend | |||
7/22/2008 | John Keels Holdings | 97.75 | 400 | 39,657.18 | |
8/22/2008 | John Keels Holdings | 101.00 | 200 | 20,487.85 | |
8/22/2008 | John Keels Holdings | 99.50 | 500 | 50,458.95 | |
9/19/2008 | John Keels Holdings | 86.75 | 1,000 | 87,986.20 | |
10/7/2008 | John Keels Holdings | Dividend | |||
10/22/2008 | John Keels Holdings | 64.00 | 100 | 6,494.28 | |
12/16/2008 | John Keels Holdings | 57.75 | 200 | 11,716.13 | |
12/23/2008 | John Keels Holdings | 50.00 | 1,000 | 50,712.50 | |
1/8/2009 | John Keels Holdings | 50.00 | 2,000 | 101,191.74 |
Fri Jul 19, 2024 10:30 am by faithhharris
» CCS.N0000 ( Ceylon Cold Stores)
Wed Mar 20, 2024 11:31 am by Hawk Eye
» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Wed Sep 13, 2023 12:16 pm by lauryfriese
» When Will It Be Safe To Invest In The Stock Market Again?
Wed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා
» Dividend Announcements
Wed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Thu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා
» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්රතික්ෂේප කළ ගණිතඥයා
Sun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා
» SEYB.N0000 (Seylan Bank PLC)
Thu Mar 30, 2023 9:25 am by yellow knife
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Thu Mar 30, 2023 9:25 am by HaeroMaero
» The Korean Way !
Wed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා
» In the Meantime Within Our Shores!
Mon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා
» What is Known as Dementia?
Fri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා
» SRI LANKA TELECOM PLC (SLTL.N0000)
Mon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා
» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Mon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා
» Equinox ( වසන්ත විෂුවය ) !
Mon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා
» COMB.N0000 (Commercial Bank of Ceylon PLC)
Sun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා
» REXP.N0000 (Richard Pieris Exports PLC)
Sun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා
» RICH.N0000 (Richard Pieris and Company PLC)
Sun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා
» Do You Have Computer Vision Syndrome?
Sat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා
» LAXAPANA BATTERIES PLC (LITE.N0000)
Thu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා
» What a Bank Run ?
Wed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා
» 104 Technical trading experiments by HUNTER
Wed Mar 15, 2023 4:27 pm by katesmith1304
» GLAS.N0000 (Piramal Glass Ceylon PLC)
Wed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා
» Cboe Volatility Index
Tue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා
» AHPL.N0000
Sun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා
» TJL.N0000 (Tee Jey Lanka PLC.)
Sun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා
» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Sun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා
» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Fri Mar 10, 2023 4:43 pm by yellow knife
» Bitcoin and Cryptocurrency
Fri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා
» CSD.N0000 (Seylan Developments PLC)
Fri Mar 10, 2023 10:38 am by yellow knife
» PLC.N0000 (People's Leasing and Finance PLC)
Thu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා
» Bakery Products ?
Wed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා
» NTB.N0000 (Nations Trust Bank PLC)
Sun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා
» Going South
Sat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා
» When Seagulls Follow the Trawler
Thu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා
» Re-activating
Sat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා
» අපි තමයි හොඳටම කරේ !
Tue Feb 14, 2023 3:54 pm by ruwan326
» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Tue Jan 03, 2023 6:43 pm by ruwan326
» SAMP.N0000 (Sampath Bank PLC)
Wed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා
» APLA.N0000 (ACL Plastics PLC)
Fri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා
» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Wed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා
» Banks, Finance & Insurance Sector Chart
Tue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා
» VPEL.N0000 (Vallibel Power Erathna PLC)
Sun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා
» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Mon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා
» WATA - Watawala
Sat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා
» KFP.N0000(Keels Food Products PLC)
Sat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා
» Capital Trust Broker in difficulty?
Fri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා
» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Thu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා
» What Industry Would You Choose to Focus?
Tue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා
» Should I Stick Around, or Should I Follow Others' Lead?
Tue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා