One thing I have noticed in my 20 years on the ASX which started as a hobby but sort of more of a serious investor.
The short term holder that bought in the 20s not long ago and sold out in the 80s is way out in front. Than a 10 year + holder. They have another 9 years to reinvest. You got to get on the train at the right time that is like another long term hold PDN all the guys that jumped in a month ago have made a fortune. Timing is a big factor although I never get that right. Also everyone says don't average down but I have made the most money doing this.
I always keep a small holding in case of a CR which usually works out in a higher SP further down the road.
If GRR goes down the SD route do you think a CR is more likely/better than finance.?
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