Tilray Brands Inc TLRY

Let me try to explain the famous

[Keeler]

'Dollar cost averaging strategy' used by quinlash. I'll keep it simple - as his strategy is far too complex and require an Excel spreadsheet to run the numbers.

Lets say you have $12,000 in your savings account - but you want to invest it. 

You invest $1,000 a month for 12 months - in a stock such as Hexo, Zenabis, Medmen or Tilray. The stock price drops on a continual basis - let's say from $4.00 to .15 cents - like Hexo did.

At the end of the 12 months, you have zero in your savings account - and approx $27.00 in your investment account.

Just remember - for this to work, you won't lose any money as long as you don't sell your shares.

 

Comment by DuDliedingleon Sep 09, 2024 8:02am

6 Views 

Post# 3621438

Averaging strategy?  Is that like continually buying while the stock goes down further and further. 

[charlie007]

He will have approx $250 in his investment account after 12 months for a 98% loss, and then as regulations change and international sales increase and craft beer becomes great again the price climbs to $40 over the next 36 months he will eventually have approx $60,000 for a 500% gain

[DuDliedingle]

But after Cdn taxes he will ha e $1.25 in his pocket. Oh wait the Excise tax is changing