Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We all get sucked in and make rash decisions when things don't make sense but it's always best to check that emotion if you can.
Now I'm feeling much better again, divi incoming and the SP nearer to a fiver.
Well done all those that stuck with it, you'll be rewarded!
I wasn't too bothered when it fell back yesterday but today has made me feel I should have gone at the mid four nineties, with a view to buy back.
Crazy times and fine margins make you question the wisdom of holding any equities in such a volatile market.
Meanwhile Bonds and cash ISAs do what they do and with zero risk
That and a hell of alot of profit taking but you can't blame anybody in the present climate,
Easy money for some today, even of you sold and bought back in now, I was just happy for the S.P not to go straight down in double figures, so on that basis I'm winning lol
I'll have to weigh up what's going to be more productive and if savings rates push on further than 6% then I could be out myself,
Alas, everything depends on the direction the black gold is heading, could be I hold back till new year and see, I've plenty of time.
Nightpusher.
Wow that's some holding you have there, I think the most I've had within my portfolio any one time is 10,000, currently 6500 after going for some fixed rate safety alongside.
It was a bit of a sickener that I had no cash balance to buy more when I was advising other's to, they'll be sitting pretty now if they haven't already cashed in their chips.
Good luck to all and remember, at some stage in the near future that fiver will be broke and some.