FFR 0.00% 12.0¢ firefly resources limited

Well for example, not going to use my actual holdings. $1,000 of...

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  1. 6,528 Posts.
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    Well for example, not going to use my actual holdings.

    $1,000 of MZN; I'll have $1,000 on at least 3-4 other stocks ($3,000/$4,000) which are far less risky and all very likely to make multi-gains, some already have.

    This cancels out any potential loss from MZN that I am happy to take if things go south for MZN as it is also a tax loss against other profits overall made in the FY.

    I already have hedged my MZN investment by trading the trade on MZN itself, trading the trend and taking profits without selling what I want to be my main long term investment holdings. I do that for pretty much all stocks I buy, if for some reason things go bad I come out a little ahead or breakeven on that individual stock, but if other stocks do really well and one doesn't then it works out quite well. Which is why I'm not stressed.
 
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Currently unlisted public company.

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