Investing26 Feb 2020 11:38
Investing is never straight forward. Going long can even out the bumps but I have found from time to time a investment hits a pothole and the wheels fall off. I have had a very strong 12 weeks so last Thursday aware of the risks of supply chain meltdown I liquidated 15% of my portfolio. Because of the settlement date I only received the money today and have plonked it in the building society at 1.4%. I was up early on Monday with the intention of selling another 10% but the market opened down so now I have decided to sit on my hands. In 2008 when it crashed it took a year to start the reverse but for quite a while it was very bumpy. There are always a few tit bits but I do not consider myself a good day trader. I had 1000's of Taylor Wimpy at at 19p but I sold at 38p. Now I think if only... Fear is a difficult thing to handle..