I am trying to learn not to trade too much, my aim is a 13% portfolio turnover per annum. That way my expenses are around 0.1% brokerage and it encourages me to only buy things very cheaply and sell them when they are expensive.
Will be fine for me if the price falls and lets you back in but then it could rise again. Time in rather than timing the market is the way forward.
The impression I got was that Crescent are going more for organic growth.
In my view the art of being a good manager is picking a good business, then the job does itself. Really not hard I hope they do nothing and it looks like their plan.
Thanks Tamz will be keen to see how they are tracking.
