Ann: Kanmantoo Economic Assessment Confirms Outstanding Potential, page-150

I might also point out that the buy and hold strategy tends to mean I can sell at any time and get the CGT discount.

You are wise to say that one needs a hobby. I am a big believer in this as part of a measured life. I myself turn my hobbies over rather than have one for a whole life.

At the moment I am rebuilding some Adirondack chairs (popular in the Hamptons). Now I could just get some new ones but the woodwork is kind of fun and I gain satisfaction from doing it so why not. By definition a hobby does not have to be economic. Most people in my family have a large train set but mine is packed up under Mrs mwilson25’s direction. Some fights are not worth fighting!