Markets got a kicking19 Jun 2021 10:12
But will recover. Trouble is with so many punters new to investing, FMO going up and down is adding to herd effect and volatility more than ever. Shorters will be laughing and making hay. Cine if anything is getting stronger by the day with more cinemas opening etc. IMO don't get spooked but do take advantage of the dips if you can. Jumping from one share to another is also tempting but an easy way to lose money. I know I sound like a stuck record but patience is key here. Unless you are very experienced, trying to trade is a risky thing. I learnt this the hard way. Could I have made more money by selling at 120 and reinvesting? Of course I could have. But trying to second guess the market is not for amateur PI's like me. I will hold and hold as my investment timescale is 3-5 years from now. Will I see SP over 200? Who knows, but I am personally pretty confident I will and hence I'm going to sit tight. Am topping up whenever I can on dips but have not sold any yet. Anyway, all the best in all you decide. Just sharing thoughts for any newbies getting nervous. I've been there and have lost money panicking so hope this helps.