average up
Increase position costlier
Average up is to buy additional shares of an investment at a higher price than previous purchases, raising the average cost per share.
Investors average up when they want to increase their position in a rising stock: The price kept climbing, so I averaged up.
Compare average down, which lowers the average cost by buying more at lower prices.
- increaseGrowth in amount
- sharesUnits of company ownership
- investingCommitting capital for gain
- stocksOwnership stakes or inventory
- stock marketSecurities trading venue
portfolio management · growth · escalation · rebalancing · expansion · progression · cost basis · stock valuation · hedging · sum up · capital gains · market trends · give or take · equity markets · diversification · add up · asset allocation · risk tolerance