A note for new investors21 Dec 2020 22:27
Based on my own very hard experience of investing.
You search for tips. You ask mates. You follow telegram and twitter.
You repeatedly lose 10%, 10%, 10% as you flit from one big deal to another.
You eventually lose enough to make you sweat at night and stop sleeping.
You realise that you are a cash whale and every shark out there wants a nibble until you are nothing but bones.
You start to look really seriously at the few companies that you invest in. You read twitter and telegram but only to get a feel for how the market is responding to the research that you can actually trust.
You hold. You set a years target of 15% growth. When you do that in a month you continue to hold because your research is proving to be right.
Really this message is for the folks who bought in at 0.3 and are panicking at 0.23
Selling up and chasing rainbows will lose you every penny you invest. Buy companies you like. Take a big risk if you want. But do it knowing why and accepting the outcome if it goes wrong.
I believe that this will be 1p+ by the end of January. I am heavily invested.
GLA LTH