RE: Newbie/novice11 Apr 2020 13:51
Interesting internal debate and one that I have certainly had in the past.
I am about to wax lyrical and little to do directly with GGP so some might want to stop reading now rather than read the ramblings of an old geezer.
My suggestion would be to almost go through a list of pros and cons overlaid with amounts. Decide what is at the core of wanting to make money - that might sound like a silly question to ask yourself but money in itself for most of us is a means to an end. So what is that end (or ends) for you? There is likely to be a hierarchy of 'wants' - check out Maslow's hierarchy of needs for a more detailed version if you haven't come across it before.
So you have your list and you can put monetary numbers against the list. Then you need to think how you would react if you had one tuber within your grasp and decided to hold for the bigger number and lost it? I would suggest keeping the list and maybe write down your thoughts / feelings and come up with a plan around the 'what ifs'. What would I do if the share left to 10p at the end of April? Plans and expectations can change alongside the dynamic position with news flow and so it makes sense to be flexible. You need to think about time lines for your plans and how do they sit alongside a pessimistic timeline for say getting Scallywag explored?
Once you execute on your plan you need to be happy and not 'look back' with regret because maybe you could have waited longer and got more - be happy with what you have achieved against your personal plan.
Everyone on here has different needs / wants / dreams / commitments / dependents / wealth its / age / health ..... time for a deep long look at yourself and your life plan. Remember the attainment of money is only meaningful if you do something meaningful with it. It is easy to fall into a trap of never being happy no matter what you have. I know of one billionaire (indirectly) who is not in the public eye who judges his happiness by where he appears in the Forbes Wealth list and is he beating a couple of other people in the same line. Takes all sorts!
If at the end of it your success in a GGP investment brings you happiness, then you have won, irrespective of the numbers concerned.
I have my plan - it involves being able to have options with regards to work / putting the kids through education and giving them financial support if and when they need it in future life. You can keep your flash cars and many of the other trappings of wealth. We are all different but good to have a plan!
ATB
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