Investment12 Mar 2020 19:55
I think my main concern is the amount of effort it has taken to keep my investments 'above water'. Up to this week i had just about managed it but now find my pot 25% down. Solid blue chip companies are shedding their value like no tomorrow. There seems no safe haven other than cash.
Im sticking with ggp but had shares with pphe, a luxury hotel chain, for example. I had to stay aware. Far more aware than I wanted to be. Had I not sold up i would be 50% down in that share, in a week.
Some investors in certain blue chip companies haven't managed to dodge the bullet and have lost huge sums.
The reaction to the virus is bordering on panic. The hand of chance is sweeping the world and if you are unlucky it will be you that spins the roulette wheel and sees the ball land on '0'.
However, for the vast majority of us, we will ride out this hysteria and all the toilet roll shortages, come out the other side and refer back to it as a storm we got through.
The fundamentals here at ggp are very exciting and Im really looking forward to the rest of 2020. :)