RE: Patience2 Feb 2021 23:25
And_its_gone... you are one hundred percent correct. An investor's lack of patience with the stocks they hold is one of the biggest mistakes to make in my view. I'm talking about 'investing' here and not 'trading'. Very different beasts and strategy required.
The problem I find is that everything is so fast paced now that if things don't happen quickly people get very itchy fingers over the sell button. Oh for the days when you had to dial your stock broker and discuss it with them! It doesn't help either that people have the 'grass is greener in the next field' syndrome. We've probably all been there... funds all used to by a lovely stock... only for an even better looking stock to walk by. As my wife tells me when I see a beautiful woman walk by she just quietly says to me, "Just keep looking Dai, just keep looking".
Oh well, tomorrows another day, another Dollar...