RE: Anxiety5 Jan 2025 09:19
slash your holding to manageable levels and take the hit. i have lost hundreds of thousands over the years, cost me my marriage but i have slowly rebuilt my capital base, over time by doing proper research, stepping back and waiting and watching stocks rather than simply piling in etc etc
never average down on a company like thg. indebted balance sheet and poor use of capital investment. there's limited equity in thg.
follow these investors with proven experience and track records that impress:
https://x.com/baroninvestment
https://paulypilot.substack.com/
https://****neyrebel.substack.com/
https://www.nakedtrader.co.uk/
these four fellas above are the dog's ******. i'm not saying you should follow their recommendations slavishly but at least they only buy shares in very good companies rather than shares in poorly run companies like thg. read their websites today, get a feel for how they search and buy stocks. they're not correct all the time and get things wrong but at least they don't buy crap
regarding thg. a limited and small exposure to thg is not a bad thing. mm may turn things around but for god's sake do not bet the farm on thg
think, research, read how the experts do it. step back, absorb
and never forget. there's always an opportunity ( on a daily, weekly and monthly basis) to make decent money in the stock-market.
don't panic, never despair but make sure you now preserve your capita, pay your bills and think before acting.
companies with heavy debt (creditor control over company) and little equity (shareholder ownership) are dangerous beasts, not to be messed with.