Put it this way Fox a very good friend of mine (RIP dunk) was having a whinge on the golf course to me about CDU this one day and said he would sell out "if they were worth any #$!@ thing!". You see he was pretty loaded and was more focused on the $100K he'd lost than the $200K he still had in it. I said to him "well then you should just go out and find some homeless guy and give them to him" cracking up as I said it, but half serious (charity etc).
To this day I have a laugh on the gold course about his response. Within 5 seconds of me saying that he turned to me without so much as a grin on his face and said "I wouldn't want to ruin the guys life!". For the next 10 holes we almost pee'd our pants laughing about how the poor guy would end up on HC 9 hrs a day watching his life roll by while wishing he could just go back to living on the streets never to hear about this stock again. God it was the best day!
Would love to hear what your "new mate" said were the main reasons you should invest. What is his buy in price?
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