5 Essential Questions Before You Buy More NGX Shares
Before you buy more shares, ask yourself why you want to increase your position, not just because the price is rising. Review your timeframe: is adding monthly holdings healthy, or are you chasing daily swings that could lead to a pullback? Check the market backdrop: is the overall index supportive or showing signs of fragility? Consider liquidity: can you sell half this position in a down week without major pain? Assess your position size: if you’re wrong by 15%, will your portfolio still be intact? If you fail two or more questions, opt to watch rather than buy. Print this checklist and use it for the next 90 days. Most mistakes come from skipped questions, not missed tips.
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