I have been asking myself the same question, why do people sell. I think there are different answers to that question.
For one I think we have around 50% of the Australian people stuck in lockdown. Which means for most of us, no or very little income. People like myself who started investing while Jobkeeper was around, probably pulling out the money now to put food on the table.
Fortunately we are financially in a pretty ok position, but I have to admit, my DW8 portfolio is breaking even at the moment after having topped up on the way down. So selling to stop losses has crossed my mind. No matter how successful the company is, if no one is willing to invest, no SP rise.
Anyhow lets just see how we go. Stay safe everyone!
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I have been asking myself the same question, why do people sell....
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