Post #3724 by Aussi on the Mechanical Investing board

Investment Strategies / Mechanical Investing

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Nominal stock price has no economic meaning but I think it has a psychological meaning.

I think it would be much easier for most people to buy a stock that has risen from $5 to $10 and on its way to $50, than to buy a stock that has gone from $500 to $1,000 on its way to $5,000.

Of course this does not apply to mechanical investing.

Aussi

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