ASB 0.70% $2.83 austal limited

And back in with a small holding at 1.875- take off the 3c...

  1. 3,611 Posts.
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    And back in with a small holding at 1.875- take off the 3c dividend- happy with that. Room to buy more after ex-div.

    The experts write a lot about the psychology of retail punters- behavioural finance they call it. I read all this stuff and I recognise that they are talking about me.

    Mug punters, prime example typing as we speak, have a habit of selling and then waiting too long to buy back- we keep waiting for the perfect price- and then we miss out.

    Knowing the above- I am learning to buy at a good price- but leaving enough room to buy more if a more perfect price becomes available. Then if she rallies without hitting the perfect price- I still do well.

    The trap is buying too many when averaging down- working on that.

    Oh, and I enjoy all this.

    IMHO DYOR
 
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