You seem like a new investor.For new investors in high PE stocks...

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gyro gearloose

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19/09/19

10:16

Post #: 40477762
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Originally posted by Patrick85 ↑

For new investors, this is a perfect opportunity to work on your own psychology. To take an interest in behavioural finance and elevate your level of thinking. Build mental models to handle negative news. At the end of the day, you are building wealth for yourself, family etc. It is always your decision when factoring all the facts and your research. You need to make yourself sustainable for many years. When Netflix came out, it was hated on because Blockbuster make more sense to the general public. When Uber came out, it was questioned because we were used to taxis. Even publishers themselves are struggling to get people to their sites as Facebook is the major newspaper of the world. Not many understood the value of YouTube. But Google did. These are new industries being built for the next generation. The financial space is changing. ISX are innovators. And all innovators had to deal with negativity. We know the business model, we see the level of growth, we are focused on future cash flow, not current cash flow. Customers in Europe don’t care about ASX news. They still need to comply with the law and position themselves for the changing landscape. All this intentional negativity should be seen as an opportunity to revise your own research, to learn about the bigger picture of the financial space, study the management team and gauge if you think they are worthy of your investment. New investors should take this chance to learn every aspect of this company and your own psychology. Then make a decision not on emotions, but on all the facts and future variables. It’s important to gain the ability to stay grounded. We invested in the team and their products. We didn’t invest because of the share price.

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You seem like a new investor.For new investors in high PE stocks dip your toe in the water first.Set a stop loss at 15%.You can always buy back in!

ISX Price at posting: 91.0¢ Sentiment: Hold Disclosure: Held
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You seem like a new investor.For new investors in high PE stocks...

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Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

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Reporting wrap: Inghams, Accent, Mayne Pharma

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