RE: Disappointed, frightened and worried28 Oct 2021 13:12
Hi KNP.
If you are a LTH, presumably you are sitting on a paper gain and the only perceived loss is against the all time high to date? I am not qualified to give advice but suggest you take some to mitigate future CGT. Better at this point than down the road when the SP is higher.
I suspect your angst is down to the benefit of hindsight. Everyone here wants that, but none of us have so you are in great company.
If you need some fundsxnow, reflect on the profit you have made on that element. Be thankful you boarded the train early. Congratulate yourself.
Decide how you want to feel about the outcome and look for reasons to back up that feeling. Investing can be as much about the game within yourself as the external game with the market. When is enough enough and why? One of my biggest lessons on this journey is self realisation and what underlying factors underpin my attitude to money. We all have regrets in life but I really think investing and holding on here, will not be one,of them if you give it time.
Hold strong
ATB