I am just a small business owner in a small town, just putting the point out there to MP, as he suggested that I am part of some insto collective in another thread and I obviously ain't.
Hopefully what small amount I have in stocks is worth something some day, otherwise no big deal if it doesn't, money is not everything, ashes to ashes, dust to dust, we are all flesh and bones at the end of the day.
Some people rather put most of their money into stocks at that's fine, I rather most of mine into property, as it's a lot more stable and only usually goes up here in Australia, if I was rich and had plenty of spare cash lying around, a large portion definitely goes into safer stocks like SOL or safe producers like LTM, IGO, BPT, BGL or SFR, I may probably go 80:20, 80% Profitable ASX 200 Producers, 20% specs, as I know it can be easy to drop a few hundred thousand if you put a lot into stocks and to me it's just why go so heavily on specs, when many are living paycheck to paycheck and their is so much poverty in the world?
But each to their own.
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