RE: Intro22 Jun 2020 01:03
Each to their own style of investment and some are willing/able to take more risks than others.
Like Sean, Ive had enough bad experiences in the past to make me cautious. I have about a third of my portfolio in HZM, a third in ARCM and the rest also mainly in resource companies, ACP, EML, HUM, as I think its the best sector to be in at the moment, esp battery metals. I think Nickel and copper are the big two to be invested in.
Of course Ill be slightly miffed if HZM take off and the others dont but the compensation of possibly 20 to 35p ps here in 2 to 3 years and a 4p average, will numb the pain.
All in all I feel safer to spread the risk and there are other good companies out there in a similar pisition to HZM.
The downside is trying to keep up with the latest news on the (eight) companies im invested in but ive made it my main hobby and as im semi retired and stuck inside most of the day thanks to our Chinese buddies eating habits, it passes the time nicely.
Although still a youngster, you seem sensible enough and already have some experience, so I wouldnt try to advise you, except to say that going forward (after the big pay day here of course) I would consider more diversification. Minimum 3 or 4 stocks for safety.
Good luck.