$1.50 party, page-190

no profit,

Circumstances are sometimes not in your control.

I was heavily invested in uranium stocks because that was going to satisfy the world energy shortage.

Enter ;; The earthquake in Japan a few years ago and the leaking of the reactor plants.

Uranium stocks were hammered.

In hindsight the mistake made was not exiting on the very first day of trading.

One thought comman sense would prevail, but it didn't.

They have now lost 90% of their worth from a few years ago.

Very similar to LNG infact when it got down to 12c.

I could also have sold LNG but didn't.

You could say I should have sold these stocks on the way down but had I done that I wouldn't be enjoying LNG's success today.

You can't have it both ways.



This is just one example of how things can go pear shape.

There is no easy answer because each case is different.

If it was that easy we would all be lying on the beach in Brazil drinking Martinis living the good life..

But the reality is we are not.

AS I said, there is no easy answer.