wise words...27 May 2020 20:35
I see lots of private investors on this board are questioning their initial investment and perhaps doubting the research they've done, mainly due to the price action. Let me just say, fear lines the pocket of the rich. A good quote from Warren Buffet "be greedy when others are fearful, be fearful when others are greed". Yes the price action in the last few weeks has been poor, I totally agree, but in this game its the 'big boys' the 'majors' whatever you want to call them that will prosper 99% of the time on the back of your actions. What I'm getting at is don't panic sell or panic buy due small price actions which is manipulated to benefit no.1 and no.1 only. I'm not saying to just hold knowing the outcome will be positive, because it can go either way, and I'll hold my hands up and admit I got it wrong if it ends up being a flop. But never will I give up hard earned money to line the pockets of the few due to scare tactics and mongering. The wise amongst you will know what I'm saying but perhaps new investors (most venerable) will not, and its useful to do your research on not only the share, but the platform you're trading it on with.
All imvho ofcourse.
Dyor.