AVB 0.00% 16.5¢ avanco resources limited

Ann: Results of Annual General Meeting-AVB.AX, page-251

  1. 11,745 Posts.
    lightbulb Created with Sketch. 583
    Yes very true Owen,

    Most, I am sure will look at it in a trading sense, but having traded, won and lost as most have, I took a view (long ago) and made a plan to ensure my money was talked to by only me. I have been in many dark places as most have, but the darkest place (long before anyone heard of the GFC) I swore never to visit again was a place where the true owners of my money talked to me at my every move, I could only ever hear them. Capital is not just important it is your every being, the comment about the real cost of losing it, being the mental cost is very true, money can always be made over time, by not well with a damaged mindset. So I have often said here (not been popular) that do not have the beneficial owners of your cash talking to you, leverage if you must but have your set limit, use your stops and have no ego, get out when your mind tells you. Of all things I would say using other people money can often overrule your mind and proper thought, you don't want your gut rolling the dice.

    Hard to say what this has to do with AVB, other than I have never thought of this stock as a leveraged play, less of an issue these days but prior to funding, I did hate to hear folk talking of SMSF and high leverage, OK they may have passed that hurdle, but that mindset can get you into trouble on others. AVB is my copper poison, but in the end all solvent coppers will track the copper charts in general, as will all lean hogs or truffles follow their own industry destiny.

    Wonderful Sunday morning for a European, pouring with rain, cold and windy, vines swaying in the wind as the fire crackles, seems almost sacrilege I am off to the gym, but to be sure disciple trumps hope.

    Cheers
    Phil.
 
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.