RE: susieldn21 Feb 2023 21:53
hi susieldn. you did the right thing your company risk was higher with one stock. hexam makes some good points about funding, balance sheets etc but sentiment plays a big role. take today for example. all the miners on my watch list all down. a sea of red. you could be in the best miner since sliced bread but today you would of lost if bought at higher prices. and that is all of them. i tend to be both. trading short term on a worthwhile profit and long term on the basis of up to 18 months. the 18 month longer term is more about money making money and getting out near to the top for the biggest money. when posters on here say they are walking around car showrooms before they have even sold it is time to go as top is getting near. i said before they sold because some will get too greedy. lol. anyway come to that if we get there. in the meantime we wait but your company risk is at least a bit less risky by putting money into another stock.