RE: Tax question21 Oct 2022 21:21
Yanis, thats kind of you to say, particularly when everything is this raw.
And fwiw, that was always my intention.
My "philosophy" for want of a better expression is always, always to look at the downside first. Once I like a stock then I try and go through what could go wrong and what sort of chance is there that will happen and invest accordingly. Slower sales than forecast, chance of a general downturn, ultimate could go bust etc etc.
as an example I like WOSG for what I think will prove to be resilience in this down turn, growth and profit prospects and an already what looks to me an adjusted SP based on where it has recently been. (ultimately I think the market has over-reacted to this particular stock). Of course I could be completly wrong but I am content for now to see it swing quite a bit and where I can add a little on what seems a particular low. Its reults are due in a couple of weeks and I can re-ascess then if I have got it wrong or not and cut my losses if necessary, but unless its drastic I am happy to take a 12-36 month view on that one.
Its not so much a ramp but just trying to explain where I come from in my "reasoning"
Anyway, thanks again and I truly wish you all the best and the others here too, better luck (and that includes you too DGU, because ultimately I would want to believe you have (just like I did when it happened to me) learnt through this experience what maybe to look for when history seems to be repeating itself.