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Question About Investing in PTY

F
Apr 7, 2025 · 20:04

Greetings,

I'm seeking advice regarding my investment in PTY. I currently hold 4,015 shares in my Vanguard brokerage account, with a value of $51,315.70. I'm down $10,505.66 since I bought 1,838 shares at $17.90 in December of 2021. The dividends are reinvested. I also have 67k in a Vanguard Cash Plus Account earning 3.65% interest. I am wondering if I should take advantage of the downturn in the market to buy more PTY using some or all of the money in my Cash Plus Account to average out the loss I have taken because I (stupidly) bought PTY when the price was inflated at $17.90 per share. The money in both accounts is intended to use for a downpayment on a house someday, so I do not need it right away. I understand that I should probably ask this question to a financial advisor, but I just wanted to see what the folks on this subreddit have to say. Thanks.