KGN 6.19% $4.55 kogan.com ltd

Thanks for the advice. I started with 15% and it’s up to 31%...

  1. 3,259 Posts.
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    Thanks for the advice.
    I started with 15% and it’s up to 31% which is 11% bigger than I am comfortable with for a single stock. I am always waiting for the inevitable S&P500 correction which will hit KGN at least in the short term.
    Hence it makes me feel a bit better to lighten up on the spikes, and on the dips I top up.
    2/3’s of my holding is in my SMSF and I have vowed to hold them, come what may, for now.
    If I get out of synch with my traders, i.e. can’t get back in at a better price, so be it.
    When the market does eventually crack I’m pretty sure I’ll get them back “cheap”, whatever price that will be then.
    I am continually researching KGN by buying home brand products and so far are all good, so maybe soon I’ll also be confident enough to hold 50% KGN.
 
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