Nice DBvery true indeed. If you didn’t have the sense to sell to gain either profits or an increase in holdings you should maybe take a step back and re-educate yourself because with mindsets like that you clearly don’t see or understand opportunity and with no risk in a penny!!!!!!! FFSP!!!!!
And well done Tom, nice work buddy![]()
I’m currently in a re-educating period of my life. I want to grow my asset column and with smart work I should get rid of any liabilities.
A comment was made earlier about taking profit while it’s there as it’s real and not predicting a possible profit in months to come. It’s a hard argument and first rule should be protect your investment/capital.
Thats brings us to this next question and this is providing you’ve done your research and by no means has BD1 completely completely de-risked yet, should you hold your position and ride the waves?
Many do out of fear and many don’t out of fear and for the same reason that don’t want to loose money.
I find all this fascinating and the sooner you understand yourself and the world around you and what it takes to run your own business and the skills it requires you’ll never truely succeed or reach you true potential.
Take the time to educate yourself people and by that I don’t mean rack up a massive dept at school.
Everyone here has started and have some skills and has a comfort level with risk which puts you in a probably 20% of the population and that’s not a statistic ok.
Now we just need to work out if the balls we have are smart or stupid, and again I mean money smart and understand money or are not educated in money and thats something school doesn’t teach you unless you take courses in multiple areas such as accounting, law, marketing etc. Then you finally have to ask the question, was the person/teacher that I just learned from actually using these skills in their own life and are they wealthy, meaning how long can they survive without their working for the man income or have they ever run their own business or the biggest one have they ever lost money through investing and if so how much what can they tell you about that experience and what they took from that experience. Was it fear set in out of being uneducated or did they learn from that experience and re-educate themselves and go on to make better decisions when investing.
don’t ever listen to an idiot and only socialise or hire people that are smarter than you.
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Nice DB :) very true indeed. If you didn’t have the sense to...
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