FMG 0.18% $21.90 fortescue ltd

Fear and Greed.The stock Market is a facility for the transfer...

  1. 187 Posts.
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    Fear and Greed.

    The stock Market is a facility for the transfer of funds from the impatient to the patient.

    At $7.27 (last 1-2 year) was I really patient / or was I  greedy??.    I ended up not selling and having to be patient ( down to $3.50) now $6.60 
    Hind sight is a cope out in my mind. Set a target, stick to your decision celebrate it and do not look back. I could have made $350k EX CGT, but I did not so, I built a bridge and am looking not to make the same mistake. So when  FMG hits my $7.27 sell price I will celebrate this milestone. 

    If the SP  goes higher , I will need to suck it up and be happy for the people on a different strategy or goal than me.  Have  a stop loss at $6.30 to lock in profits. 

    My goal is to pay my mortgage off and to have a beer in an Irish Pub with my best mates in February 24th 2020.  

    Good luck All on FMG 


    Regards

    MJAk
 
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