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17/01/20
23:18
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Originally posted by Lies&damnlies:
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Hi Rem That's the exactly the point I am trying to make. Some stocks (not all in my portfolio are just hang onto them) whilst others I trade especially the gold stocks, but others as well.. Wealth building is my objective. I first noticed and paid attention to CSL in Early January 2017 price was about $Au 102 . I thought it was far too expensive. Dumb was I currently trading at $Au300 and paying dividends for the last 12 months of $Au 2.65. What will you do if ALU hit's $Au 100 will you sell. Not me any more. Why? Who are their direct competitors delivering the same sort product in IT engineering? I am looking for posters to come up with an independant companies delivering to IT developers the same product and services. good luck folks cheers lies
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I work full time so I don't have the luxury of watching the market everyday so my strategy is pretty much to buy stocks to hold long term.