RE: I’m all in on CINE3 Jul 2020 10:04
All good advise here. You have regrettably picked one of the most unpredictable cycles to invest in. An additional challenge right now is that many, many firms are cancelling dividends and raising cash - just to be 100% sure they can whether any steep downturn over the next 6-12 months. Even those companies where people are saying ‘but they don’t need cash’. A diversified holding will help a little, healthcare, technology, food retail etc, but it’s a tough time to be picking winners. I suspect most on here, me included, would be able to share war stories of losses....and as annoying as it is, I certainly learnt from it. Many years ago had all my shares in one company, and I also worked for them, and I had more through a sharesave etc etc......and they went down 99%....I learnt a lot! I also learnt that a good advisor can be worth every penny.