RE: Long Term Hold Case27 May 2025 10:37
Absolutely agree that there's nothing wrong in banking profits, if/when your original strategy succeeds. Personally, I have as much HEX as I can afford to lose within my ISA, with less risky dividend payers making up the bulk (IMB, BATS, some Vanguard ETFs etc). For me HEX is the one with potential to enable an earlier retirement IF (and it is, of course, always a huge if) the company should develop over the next 3-7 years as it might do. In other words, this is the one I don't intend to trade, but to instead have the courage of my convictions as to why I invested in HEX in the first place, and to hold tight until (if) it gets to the sort of price I'm hoping for (being at least £1+, target £1.50). I may, of course, top slice 20% or so of my holding in due course if we see serious increases in SP over the next 6-12 months, but otherwise my intention is to hold longer and firm for the potentially life-changing returns.