RE: Re 10/15 years22 Jun 2024 20:57
Lending, sorry but i have to disagree with you, buy and hold long term is my strategy with my funds which are now 50% of my portfolio, but when it comes to individual shares they have to be monitored very carefully otherwise they can take you down with them, just take a look at vodafone/bt/lloy just to name a few the longer you would have been invested the more money you would have lost unless you were luck enough to buy at the bottom, lgen sp has also been declining it was over £3 a few years ago, i decided to sell a third of my lgen shares off just before exdiv and it turned out to be the right decision due to the amount it dropped, don't get me wrong lgen is still the largest share holding in my portfolio and i think it can bounce back in time, at least i hope it will, too many eggs in one basket can be ok until the day it no longer is ok, but it's only my opinion i realise others may differ