RE: Maybe foolish? I added27 Feb 2019 12:53
J.D. Good luck with your underwater longs. I don't touch that anymore, I always lose, It's like backing the horses. Not that I am doing well, but hopefully I can hold on for a recovery in the sp. Of course holding shares when the sp falls is still a loss, but you know that, you are only losing money that you have, not money you don't. Also if you have longs for a long time, it becomes more expensive than holding the actual share. As for H-hi saying this is a good share for pensioners, I'm sure many pensioners, who already hold vod shares, would strongly disagree based on recent performance. Perhaps when H-hi is a lot older, he will realise investing on the stock market is not a one way ticket to get rich quick.