I thought I would start a new thread for this.
They say that if you can't handle falls in share prices of 10-20% that you shouldn't invest in shares - well after the relentless fall in share price of VOC - I think I am nearing my limit on what I personally find tolerable. Not to have to much of a whinge but no wonder the majority of retail investors do not trust the share market. It gets tired seeing your money decline day after day and week after week.
I don't think I will be selling anytime soon - but I will give a warning. Contrary to popular opinion, any of my shares that take a hit like this very rarely recover to their highs. I only hold one share that "rewarded" me for holding through the pain - only one! It took just over three years to come back to what I paid for them. Those particular shares have since been floating at what I paid for them over three years ago.
- Forums
- ASX - By Stock
- VOC
- Relentless sell down
Relentless sell down
-
- There are more pages in this discussion • 132 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)