Haha another misguided soul who takes false comfort in the myth of treating a free-carry parcel as though that money is any different to other money they have.
If it in any way forms a part of your net worth then it doesn’t matter whether you remember it as your cash or the bank’s money, or an earlier profit or a gift or whatever. If it reduces or is lost, you lose money. Simple. If you really believe it will drop significantly, you would sell and replace later with a larger parcel or for cheaper (unless there is a significant tax disadvantage in doing so). Simple.
But whatever makes you feel better.
“I'll be buying with my cash when I think the time is right.”
That explains why you’re confident that we’ll be back in the 80c range soon. You hope we will coz you’re hunting a cheaper entry.
Also explains the EV doubt and jealousy regarding darkstone’s reported recent trades on the +30% turnaround.
All the noisy pip chasers missed it btw; you know, the likes of asb and co.
It’s all clear now...
Good luck with your entry and whatever parcel/s you choose to hold.
Cowabunga
Chart, page-14762
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