Lot's of panic and fear going on in this forum at the moment so hopefully these words can help:
- Are you a trader or an investor?
- If you're a trader and you bought on the froth (at higher levels) you will have to look for that froth to return or look at averaging down in the hope that a small return of sentiment will free you of your financial commitment.
- If you're an investor have any of the key metrics changed (resource potential, management, market etc) - if so then probably best to reassess your investment.
- Assess what timeframe your expectations of de-risking then profiting from your investment are and if they are still on track.
- If you have no new information are you willing to gamble more or will you await news to invest or de-risk?
- Realise what key milestones are yet to come and what the rough timing of those milestones should be - assess whether they are on track.
- Remember the reasons and research that brought you to the decision of investing in a particular company/stock/investment etc.
This should not be viewed as financial advice in anyway simply questions I ask myself whenever the market tanks and my investments get hammered...
(All IMHO - DYOR) - GLTAH!
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