Hi, i have an equity investment of 30000 which is currently at a value 21000 which means its at a loss of 9000, how much money do i need to reinvest to buy at current price and come out without booking loss?
You can lower your holding price by buying more shares at the current price (buy averaging).. This way, it’ll be easier to break even when the stock recovers… The exact amount depends on your buying price and current price per share—share those details, and I’ll help you figure it out!