RE: Utter nonsense on this forum6 Mar 2021 11:03
@ Flight D - not aimed at you Old chap, just bored of reading the passive aggressive, scaremongering posts on here amongst some sensible discussion.
As with anything on the market there is risk some seen some unseen. I recently caught a nasty cold with Scottish mortgage and baillie Gifford Us, I was Stuck between holding my nerve and being the last man standing on the deck of the titanic. In the end I cut my losses of which I’m glad I did as currently they would have nearly tripled had I stayed!
My point being none of us call it right every time and the market carries risk. But we accept that risk in pursuit of significant gain V traditional savings routes.
It’s all a bet, an educated one none the less with what data you have at hand to hedge that bet! So when looking at IAG I am hopeful of £2.50, £2.75 at best at which point I’ll cash out. If it goes to 3/4/5 great good luck to all those holding long term.
My strategy is my strategy and is bespoke to each holder, no one has the right to say any is better than the other. My pain emerges when these boards are taken over by day traders or inexperienced folk having a melt down over a 2% rise or fall and then shouting out to anyone that will listen that’s it’s peaked and is down hill all the way !