I call bullshit.
HC is full of the nonsense excuse that I like to add more lower.
If you don’t have the balls to sell and bank profits and wait to re enter lower just say so. I’m ok with that, but the excuse making is nonsense.
I clearly posted I sold and with the reasoning, I now have the opportunity to re enter for another round of CGT discount holdings.
For every dollar drop that’s worth potentially around 23c extra profit, possibly more (if reside AUS) if like you believe that it will rise.
I believe it will rise too.
Its just you don’t have the balls to bank some profits so the old Hold Em Tight Folks is the mantra.
In regards to EV’s the masses need to be coming on board in 2023-2030 otherwise we ain’t going to need all the supply in the pipeline.
The masses are the most affected by a recession. Legacy autos don’t have the cash to move to EV without a steady phase out of ICE vehicles.
GLTU
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