TYHEE GOLD CORP

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Message: Dollar Cost Averaging?

Sep 11, 2008 04:28AM

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Sep 11, 2008 08:50AM

Hello all,

I am curious to ask if some of you would enlighten me as to how you go about dollar cost averaging into a company such as Tyhee?

Do you buy some every month no matter what the price? Do you wait until it falls a certain percentage? What if you only had a set amount to invest?

I started investing around .35/share with a plan to buy 50% of my initial position, then wait until it fell 25% from there, which I did, and bought the next 25% of my position at .28. My plan was to buy my last portion if it fell another 25%, which it has. The problem is I now see many of these juniors falling 10-20% a day for weeks on end...

Anyway I am not trying to pick the absolute bottom, just wondering what some of the strategies are you use.

Thanks,

Hysteria


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