This is the worst time to think about selling. You are thinking...

  1. 2,592 Posts.
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    This is the worst time to think about selling. You are thinking emotionally rather than objectively.

    This is like Covid, the temptation to liquidate was so intense, that a great transfer of wealth happened from individuals to instos. Had you thought of selling before last ex-div date or before FUM update, the decision would have had some reasonable justification. Selling now at the trough of market crash and while the tarrif matters are very fresh, is a classic replay from the playbook of great wealth transfers from public to instos.

    US tarriffs were in talks for a long time, everyone from Bernie Sanders to Nancy Pelosi have been talking of higher tarriffs for decades. Only Trump has the balls to do it now. It will start a NEW NORMAL for global trade and it will be a while until things stabilise. Or they might stabilise quickly, no one knows. Don't focus on the doomsday naysayers, they always overreact and feed on people's fears.

    BTW my life savings are in GQG too, and my SMSF as well, I am in the same boat as you. For me, the dividends I get from GQG have provided me healthy serviceability for home loan and I have been able to borrow enough to buy one more investment property. The property market is going to boom now in Aus as 3-4 interest rates cuts are expected from RBA. So from a different POV, GQG investment is turning out to be a winning trade for me.

    At times like these, don't login in your trading platform, distract yourself with something else. Find other ways to make money while considering GQG investment illiquid for few years. Are you convinced that you are invested in a great company? I very much am. So it's just a matter ot time it will boom. As our lovely friend @lost says it will have 1 trillion FUM in near future. So take it easy for now... we are NOT doomed.
    Last edited by Raeman: 05/04/25
 
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(20min delay)
Last
$2.09
Change
-0.030(1.42%)
Mkt cap ! $6.176B
Open High Low Value Volume
$2.10 $2.11 $2.07 $2.846M 1.360M

Buyers (Bids)

No. Vol. Price($)
10 71858 $2.08
 

Sellers (Offers)

Price($) Vol. No.
$2.10 38937 5
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
GQG (ASX) Chart
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