RE: New to the game13 Apr 2021 11:13
drew68
1. You should consider whether you can afford to buy and risk losing your investment, first and foremost.
2. Only invest money you won’t need over the next three to five years. This is a general rule of thumb and may not be applicable with AFC, but worth remembering.
3. A share price can fall. Some people seem to forget this one!
4. People on here, whilst generally helpful, all have their own agenda. Some bought in at a low price and don’t care about daily fluctuations as they’re in profit either way and will hold. They will have considerably more shares than me, even though they invested less to begin with.
I have 100k at 50p roughly. No point buying more as my average price will rise. I don’t think it’ll go back to 50p, but who knows. If it does I’ll buy more. I’m also ok to buy if spectacular news comes in, if I think the price will hold up.
5. Gotta make up your own mind.