RE: 20% down24 Sep 2020 15:27
Malcom
If I'd have sold after Newcrest walked I would have ''locked in'' almost the loss of my entire portfolio (nearly all the money my late grandad had left me).
I didn't and despite this week's ''carnage'' am still £357,983.31 in profit (on a total investment of £22,016)!
Has to be your decision ultimately and admittedly drops like this are scary, but in my experience with this share over 6 years now they are only temporary, and it has always eventually recovered back to new highs in the sp.
Many investors here (many of whom have far more invested and have been doing this for far longer than I) believe this to be a once in a lifetime opportunity for those prepared to be patient and wait, as do I.
Good luck whatever you decide to do