RE: BILLY3 Dec 2018 22:54
Good question Billy...just had a look at it now....half of its worth from 4 years ago...why...no idea....in recent times it was a sure thing for the 7 quid mark...a far cry from 12 - 17 quid in its hay day....a sign of the times...you just have to get on with it, new trading ranges.....2008/2009 harmed a lot of the financials, even the good ones felt the effects of the sunami ripple....europe took its share of woe....but we march on...adjust, and make a bob......I look at cycles and see the downfalls and how long it takes to recover....faceless entities such as companies will march on regardless and scratch a living...its the poor old investors I feel sorry for...those who buy in good faith on the basis that profits and income rise and fall on 10 year cycles.....the trick most have yet to learn is when to pull up stakes...wait till the "correction" is finished and start all over again with the previous 10 years earnings preserved......