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I think with shares your better off buying them snd then leaving them for two years in a Cubbard before coming bsvk to them.
I have hl app so I’m looking at shares none stop so see all the big spikes and worry over them. I’m fully in he1 right now and I know it will come good but the last 4 weeks have been painful waiting in news as the sp goes up snd down as the days pass.
In my boredom I have started tracking the total shareprice of my shares as a measure of progress. At July month end my portfolio is ~29p. My goal for end of next March is ~65p based on what I think they will do. It's a crude measure but passes the time..... of course you can cheat and add a share to your pf which is measured in £ but I'm happy with my penny stocks accounting method....
Starting to feel like that Old Saying ……
"Sell in May and go away, and come on back on St. Leger's Day."
Just added more. Completely agree with your comments.
Lol., maybe fun not the only word to use , add frustrating .and a few more words
Many want it now . Well I do , so I can retire .
Life is really too short , seriously is after 40+
Seriously though your health is your wealth , money is a bonus
@Hazbeen-FUN ????,it's bloody agonising ! I am in a similar position to wasa waiting on 4 shares all wanting to explode.And after years of research and narrowing my portfolio down to a nucleus,I am now happy that they are all "very likely" to come to fruition.But the waiting is purgatory.
I think the problem is there are patient people and impatient people. I'm impatient I like to 'go get' and in the dayjob that gets a lot of things done it makes you successful. Problem is investments the opposite 'go get' typically you make mistakes (unless you are a great trader and can read the runes - I get it - there are those that can), so 'sit on your hands' is how one makes money. Totally unnatural to me I have to confess :) I'm not selling a bean here, over the months I have built back from 20m+ to around 22.3m shares inc family. But waiting is well.....not doing anything! I think the tension comes from uncertainty - for e.g. - if your investment was in a rock solid company which paid a boring 4-6% divi a year. You wouldn't be impatient because to +/- 90% certainty you would know that on 5-12th April next year you would land £xk of income. The impatience I have here is I think the deal will be really good, and I am genuinely interested in 'what next' after that, but I really want it to happen yesterday!
WASA,
I go through the exact emotions and feelings . But I know it is Sod’s law that the one sell , will release the news you have been waiting for
Best just to hold and be patient .
This is the fun of investing
Discipline is really hard, at least, I find it really hard. I'm currently waiting for news on my three main investments literally any can land on any day - Horizonte (finance news), Goldstone (gold pour/first production), Armadale (mining licence). With news literally possible to drop any day, of course the correct thing to do is not touch a thing as all are potentially big rerate events. Trying to call/time anything is impossible. So 'hold' or possibly 'add' is what should be happening (as all are pretty weak on the shareprice at the moment).
The problem I have, and I'm sure others like me can't be unique. I've watched my PF drop in value consecutively end of July was the fourth 'month end' where the total value was less than the previous month end + investment made during that month. When your portfolio is trading sideways, or even drifting down, the temptation is really to 'do something' and I find this really hard after 4 months of relative quiet. Just have to keep telling yourself money is made over longer timeframes and through patience. Or at least, that's the discipline I'm trying to learn!
Sorry about the O/T but not a lot happening here at the moment. nickel looks rangebound $19k-$20k/t but lets face it, you can't really ask for a better price to complete a big financing deal.