Hey Denpal, I couldn't agree more, its frustrating to see something that you don't have the ready cash for, yet see the potential. A while ago Rick Rule was talking about Uranium and the case for it going forward, and I researched a number of stocks that are now considerably higher. I missed out for lack of funds/funds allocated elsewhere.
I used to trade in and out day trading more than a decade ago with 6 screens in my office but never became one of the % that make it as a trader. I have now become a fundamental investor and my average holding is a minimum of 2 yrs or more. I can spent 2 years looking for that next investment. The results have been the proof of holding what I would call "TROPHY ASSETS" with great management being one of the pillars I look for in an investment. If the stock market closed tomorrow and didn't open for two years, would I still want to be holding my particular company till the market reopened? If I cant say yes to this Q then it shouldn't be in my portfolio period! I read the other day that the average ASX investor spends less that 1hour before pulling the trigger to enter their next punt. Good luck is needed with that approach, but the more research that's done, the less risk in my opinion and it puts the odds firmly in your favour. I've been in SVM since early 2018 and still IMHO the reasons to hold are still compelling....If this chances I will move to the next compelling story. All the best for your decisions Sparky INMHO and Not investment advice
SVM Price at posting:
54.8¢ Sentiment: Buy Disclosure: Held
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