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Calculate average share price when buying stocks at different prices. Determine total cost and break-even point for your averaged-down portfolio.
Stock averaging (or averaging down) is a strategy where you buy more shares of a stock as the price drops. This lowers your average cost per share, meaning the stock price doesn't need to rise as much for you to break even or make a profit.
Tip: Always ensure the fundamentals of the company are still strong before averaging down.
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