RE: Cevian took stake31 Jan 2022 20:50
Hello robleo. You ask a very good question, but I have to admit that as a gambler,I would get more annoyed with myself if I sold & the sp went up, than If I held & it went down. But I don't gamble more than I can afford to lose. I am chasing my losses, but If the divi holds, I will be doing ok even if the sp falls in the long run. My overall divi return is still over 4%, so better than many other investments. I am retired as you probably know, & if vod went bust tomorrow I would still be ok. Suicidal perhaps?, but financially ok, I think??!! Anyway I had £160 on Rafa Nadal (my hero) to win the ozzi open at 6/4. ok peanuts compared the vod sp change, but good. Sorry if I sound like a crazy gambler, but you are all just gamblers. Of course the stock market is a far better way to gamble that with the bookies,as long as you don't think you know it all? Me I know nothing, but live in hope. My only advise is watch you costs. I.E. Stamp duty, dealing costs, you can easily lose 5% to10% or more a year buying & selling. Unless of course you have that much desired crystal ball?