The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
https://uk.finance.yahoo.com/news/why-retail-stars-asos-plc-084948884.html
I think medium term there is only one way this is going. few people cashing in profits but should regain and grow. IMO
Brilliant! I would have said.
and pay a dividend, 'Sunday Times'
I do understand your principle... as when you sell out for a profit you would tend to go back in at a lower price as it drops but with only the original investment so you then have fewer shares for your money so as it goes up your profit is less... unless when you buy back in ... assuming at a lower price than you sold, you bought back the same amount of shares... or more if you don't put the profit elsewhere (in which case you make more) but if you sell and take the profit and it doesn't go down but continues to rise you have lost even more. It is hard to hold when you have a decent profit especially as with this one the last time when it goes right back to where you started :) When I look back over old trades.. past 2 years I would have made so much more had I not traded for little profit along the way (with other shares). Thank you for your opinion, much appreciated.